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 …

This paper studies the effect of product market competition on the compensation packages that firms offer to their … executives and in particular its impact on the sensitivity of pay to performance. To measure the effect of competition we use two … financial sectors as quasi-natural experiments. We provide difference in differences estimates of the effect of competition on …

as competition intensifies between workers, the incentive for workers to cooperate with each other diminishes. We report … different amounts of competition on-the-job and that these differences explain differences in cooperation in our experiment … staff who face little competition on the job. Further, after accounting for the possibility of personality-based selection …

Choice and competition in education have found growing support from both policy makers and academics in the recent past … for choice and competition is clear, in existing work there is rarely an attempt to distinguish between the two concepts … academic outcomes than those whose choice is more limited; and whether Primary schools facing more competition perform better …