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Managerial Job Assignment and Imperfect Competition in Asymmetric
Grossmann, Volker - 2003
This paper develops a model with multiple market locations in which the quality of intangible assets of firms, provided by management, determines the firms? performance. Despite an exante symmetry of potential entrants, the equilibrium assignment of heterogeneous managerial skills to firms tends...
Persistent link: https://www.econbiz.de/10010261934
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Management compensation and firm-level income inequality
Frederiksen, Anders; Poulsen, Odile - 2008
In recent decades, most developed countries have experienced a simultaneous increase in income inequality and 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...
Persistent link: https://www.econbiz.de/10010268874
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Managerial talent, motivation, and self-selection into public management
Delfgaauw, Josse; Dur, Robert - 2010
brightest managers to the public sector abound. This paper studies self-selection into managerial positions in the public and … ability is always higher in the private sector. As a result, relatively many of the more able managers self-select into the …
Persistent link: https://www.econbiz.de/10010269669
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Leadership Skills and Wages
Kuhn, Peter; Weinberger, Catherine - 2002
American business seems to be infatuated with its workers? ?leadership? skills. Is there such a thing, and is it rewarded in labor markets? Using the Project Talent, NLS72 and High School and Beyond datasets, we show that men who occupied leadership positions in high school earn more as adults,...
Persistent link: https://www.econbiz.de/10010262770
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Race, Performance, Pay and Retention among National Basketball Association Head Coaches
Kahn, Lawrence M. - 2004
This paper estimates racial differences in the retention probability, pay and performance of NBA coaches over the 1996-2003 period. Using a hazard function approach, I find small and statistically insignificant racial differences in the exit hazard, conditional on team performance, team payroll,...
Persistent link: https://www.econbiz.de/10010261874
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Unions and the Labor Market for Managers
Pischke, Jörn-Steffen; Hallock, Kevin F.; DiNardo, John - 2000
We examine the relationship between the employment and compensation of managers and CEOs and the presence of a … monitoring, which requires more managers. The model also assumes rent sharing between workers, managers and the owners of the … firm. Unions, by redistributing rents towards the workers, lead to lower employment and lower pay for managers. Using a …
Persistent link: https://www.econbiz.de/10010262364
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Product Demand Shifts and Wage Inequality
Leonardi, Marco - 2003
The UK and the US have experienced both rising skill premia and rising employment of skilled workers since the 1980s. These trends are typically interpreted as concurrent shifts of relative skill supplies and demands, and the demand shifts are attributed to skill-biased technological change or...
Persistent link: https://www.econbiz.de/10010261619
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The Self-Selection of Migrant Workers Revisited
Yashiv, Eran - 2004
Work of low-skilled migrant workers from developing countries in developed economies is a growing phenomenon and a key political and economic issue. An extensive literature has found (for the most part) that these workers come from the lower part of the skill distribution. This paper revisits...
Persistent link: https://www.econbiz.de/10010261853
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Candidate Quality
Takalo, Tuomas; Poutvaara, Panu - 2004
We analyze the topical question of how the compensation of elected politicians affects the set of citizens choosing to run. To this end, we develop a sparse and tractable citizen-candidate model of representative democracy with ability differences, informative campaigning and political parties....
Persistent link: https://www.econbiz.de/10010261945
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One or Many Kuznets Curves? : Short and Long Run Effects of the Impact of Skill-Biased Technological Change on Income Inequality
Grimalda, Gianluca; Vivarelli, Marco - 2004
We draw on a dynamical two-sector model and on a calibration exercise to study the impact of a skill-biased technological shock on the growth path and income distribution of a developing economy. The model builds on the theoretical framework developed by Silverberg and Verspagen (1995) and on...
Persistent link: https://www.econbiz.de/10010261973