American business seems to be infatuated with its workers' "leadership" skills. Is there such a thing, and is it … leadership positions in high school earn more as adults, even when cognitive skills are held constant. The pure leadership …-wage effect varies from four percent for a broad definition of leadership in 1971 to twenty-four percent for a narrow definition …

management compensation. In this paper, we study the relation between management compensation and firm-level income dynamics in a … general equilibrium model. Empirical estimation, of the model's key parameters show that the rising management premium is … rising management premium produces income distribution dynamics at the firm level which are similar to those observed at the …

-wage profile is much steeper than in domestic firms, especially for managers as opposed to blue-collar workers. Second, the higher … lifetime wage income for managers in internationally active firms relies on the stronger accumulation of experience that these …

, such reforms neither helped nor hurt mothers' chances to be at the top of their companies' pay ranking or in leadership …