Showing 1 - 10 of 1,175
levels, there is a strong positive association between experience and relative earnings, there is either no association or a …
Persistent link: https://www.econbiz.de/10012478541
earnings by the entire nominal employer share of the tax increase. If wages play a motivational role but the market still … clears, the range of possible outcomes is broader but wages should still not rise if the tax is nominally divided 50/50. In … which labor supply is perfectly elastic, and thus earnings rise by more than the worker's nominal share. The 1968, 1974 and …
Persistent link: https://www.econbiz.de/10012469163
A common view of CEO compensation is that there is essentially no correlation between firm performance and CEO pay. This calls into question an important component of effective corporate governance. This zero correlation' belief is based on the widely cited result that CEO wealth rises by only...
Persistent link: https://www.econbiz.de/10012472597
in wages are explained by movements in lagged levels of profitability and unemployment. The results appear to be …
Persistent link: https://www.econbiz.de/10012474741
This paper analyzes the linkages among group incentive methods of compensation, labor practices, worker assessments of workplace culture, turnover, and firm performance in a non-representative sample of companies: firms that applied to the "100 Best Companies to Work For in America" competition...
Persistent link: https://www.econbiz.de/10012460913
How important is human capital at the top of the U.S. income distribution? A primary source of top income is private "pass-through" business profit, which can include entrepreneurial labor income for tax reasons. This paper asks whether top pass-through profit mostly reflects human capital,...
Persistent link: https://www.econbiz.de/10012479398
in place. After a tax reform in 2005 that created strong incentives to retain earnings within businesses, the increase … was massive: accounting for earnings retained in the corporate sector leads to more than doubling of the share of income … of top 0.1% in some years. Furthermore, adjusting for retained earnings stabilizes the composition of the top income …
Persistent link: https://www.econbiz.de/10012455792
Amidst the recent resurgence of inflation, this paper investigates the interplay of corporate profits and income distribution in shaping inflation and aggregate demand within the New Keynesian framework. We derive a novel analytical condition for profits to be procyclical and inflationary....
Persistent link: https://www.econbiz.de/10014337850
discontinued growth in female labor supply and wages since the 1990s is a consequence of growing inequality. Our hypothesis is that …The entry of married women into the labor force and the rise in women's relative wages are amongst the most notable … 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
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 …, we develop statements for the probability that an individual's earnings will fall into a particular but arbitrary time …
Persistent link: https://www.econbiz.de/10012478979