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Sky high pay and financial instability

Geoff Riley

27th August 2015

Disproportionately high pay and bonuses in the financial sector is making the industry less stable and worsening income inequality. That is the central finding of research by OECD economist Oliver Denk, presented at the annual congress of the European Economic Association in Mannheim in August 2015. His analysis of a big new
dataset covering a range of European countries shows that:

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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