Professor Philip Lane:

In addition to national level data, neither I nor the CSO will say that more data are not helpful in knowing much more about the distribution of income between labour and capital across different cohorts in society, helping to understand what is going on and helping decision-makers in terms of allocation. Of course more data are helpful. That said, this would be much more effective if it was part of a co-ordinated international effort, because many corporations here are global. For Europe collectively to understand what is going on, it needs cross-border data as well as understanding what is going on in each individual jurisdiction. We are very far away from making much progress on that.