I think that's exactly what this study says.
We're in a unique circumstance whereby corporate profits have very much benefited from inflation, whereas workers' wages are far behind inflation in this initial inflationary drive that we've seen in the last year and a half. Companies are capable of increasing prices, not only to make up for higher input costs, which they are absolutely facing, but then some, and using that additional amount, which would result in profits. Workers are, I think, now realizing how much higher the costs of goods are and, hopefully, over time will bargain up their wages, but it hasn't happened yet. It's certainly nowhere near the rate of inflation.
Workers aren't driving inflation. Corporate profits are playing a role in inflation.
The bigger role, frankly, is that of input prices. This has everything to do with the war in Ukraine, the price of oil and the gasoline refining shortfalls in the U.S., in addition to other key inputs like fertilizer, for instance, and wheat. This is what's driving inflation. Corporate profits are playing a role in that. Particularly in concentrated industries, we're seeing pricing power. Workers are not playing a role. They're way behind when it comes to inflation.