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The Taxation of Executive Compensation
Hall, Brian J. - 2000
Over the past 20 years, there has been a dramatic increase in the share of executive compensation paid through stock options. In this paper, we examine the extent to which tax policy has influenced the composition of executive compensation, and discuss the implications of rising stock-based pay...
Persistent link: https://www.econbiz.de/10012471173
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Why Do Dancers Smoke? Time Preference, Occupational Choice, and Wage Growth
Munasinghe, Lalith - 2000
higher marginal rate of substitution of current wages for future wages. Incidentally, a survey of several hundred …
Persistent link: https://www.econbiz.de/10012471233
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Is There Monopsony in the Labor Market? Evidence from a Natural Experiment
Staiger, Douglas - 1999
of monopsony. We use an exogenous change in wages at Veterans Affairs hospitals as a natural experiment to investigate … responded to the VA wage change by changing their own wages …
Persistent link: https://www.econbiz.de/10012471532
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Executive Compensation : Six Questions that Need Answering
Abowd, John M. - 1999
In this article, we focus on how recent research advances can be used to address the following six questions: (1) How much does executive compensation cost the firm? (2) How much is executive compensation worth to the recipient? (3) How well does executive compensation work? (4) What are the...
Persistent link: https://www.econbiz.de/10012471670
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Using Employee Level Data in a Firm Level Econometric Study
Mairesse, Jacques - 1999
In this paper, we make the general point that econometric studies of the firm can be effectively and substantially enriched by using information collected from employees, even if only a few of them are surveyed per firm. Though variables measured on the basis of the answers of very few employees...
Persistent link: https://www.econbiz.de/10012471772
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Slowing Women's Labor Force Participation : The Role of Income Inequality
Albanesi, Stefania; Prados, María José - National Bureau of Economic Research - 2022
The entry of married women into the labor force and the rise in women's relative wages are amongst the most notable … discontinued growth in female labor supply and wages since the 1990s is a consequence of growing inequality. Our hypothesis is that … their participation and wages. We show that the slowdown in participation and wage growth was concentrated among women …
Persistent link: https://www.econbiz.de/10012814450
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Compensation and Firm Performance
Ehrenberg, Ronald G. - 1987
This paper uses stochastic simulation and my U.S. econometric model to examine the optimal choice of monetary policy instruments. Are the variances, covariances, and parameters in the model such as to favor one instrument over the other, in particular the interest rate over the money supply? The...
Persistent link: https://www.econbiz.de/10012476924
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Tied Wage-Hours Offers and the Endogeneity of Wages
Lundberg, Shelly J. - 1984
implements a pair of tests for the exogeneity of wages in a longitudinal labor supply model, and for the particular failure of … hours Granger -- cause wages at the individual level. The second test involves a simultaneous estimation of labor supply and … from the process generating wages, even when long time series are available on a sample of individuals …
Persistent link: https://www.econbiz.de/10012477658
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Agency, Delayed Compensation, and the Structure of Executive Remuneration
Eaton, Jonathan - 1981
In this paper we examine the factors affecting the structure of executives' compensation packages. We focus particularly on the role of various types of delayed compensation as means of "bonding" executives to their firms. The basic problem is to design a compensation package that rewards...
Persistent link: https://www.econbiz.de/10012478336
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Dynamic Aspects of Earnings Mobility
Lillard, Lee A. - 1976
This paper proposes an econometric methodology to deal with life cycle earnings and mobility among discrete earnings classes. First, we use panel data on male log earnings to estimate an earnings function with permanent and serially correlated transitory components due to both measured and...
Persistent link: https://www.econbiz.de/10012478979