unionization in an industry and region and a higher union wage differential are associated with fewer managers. (2) Managers wages …We examine the relationship between the employment and compensation of managers and CEOs and the presence of a … unionized workforce. We develop a simple efficiency wage model, with a tradeoff between higher wages for workers and more …

, based on justice theory and making use of Rossi's factorial survey method, enables assessment of ideas of fairness in CEO … attentiveness among MBA students and tolerance for large variability in CEO pay. -- Justice theory ; fairness ; CEO compensation …

partial insurance of parental investments against permanent income shocks, but the magnitude of the estimated responses is … small. We cannot reject the hypothesis full insurance against temporary shocks. Another interpretation of our findings is … that there is very little insurance available, but the fact that skill is a non-separable function of parental investments …

heterogeneity leading to a set of wages. We focus on the application where hedonic models have been most successful at clarifying … dimensions of heterogeneity in VSL, including by age and consumption plans, the latent trait that affects wages and job safety … safety efficiently compared to mandatory injury insurance with experience rated premiums. The simulations reveal how …

We construct and estimate by maximum likelihood an equilibrium search model where wages are set by Nash bargaining and … Survey data on accepted wages and employment durations. We show that it captures almost perfectly the joint distribution of … wages and job spells. We find that the rate of learning-by-doing has an important positive effect on aggregate output and a …

The paper analyzes wages in the U.S. airline industry, focusing on the role of collective bargaining in a changing …, wages are likely to head upward as carriers' financial health returns. Such wage levels may or may not be sustainable in the …

Offering higher wages may enable firms to attract more applicants and screen them more carefully. If firms compete in … this way in the labor market, "selection wages" emerge. This note illustrates this wage-setting mechanism. Selection wages …