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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
individual search specification implies gender differentials in lifetime utility inequality 74% larger. The results of our policy … experiments emphasize the importance of looking at lifetime utility inequality measures as opposed to simply cross-sectional wage …
Persistent link: https://www.econbiz.de/10010289896
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
In this study I examine the relationship between accountability (e.g., state sanctions for poor performance, or the presence of goals required by the district) and public secondary principal pay and school performance. Though such incentives and standards are increasingly common, the existing...
Persistent link: https://www.econbiz.de/10010268128
Increasing interest in voucher programs and privatizing public schools reveals a commonly-held belief that private schools are better able to produce a quality education. While state and national standards do not directly affect these schools, their private control yields strong student...
Persistent link: https://www.econbiz.de/10010268667
This paper develops a framework for studying individuals' ideas about what constitutes just compensation for chief executive officers (CEOs) and reports estimates of just CEO pay and the principles guiding ideas of justice. The sample consists of students pursuing a Master of Business...
Persistent link: https://www.econbiz.de/10010268740
We present evidence on the effect of social connections between workers and managers on productivity in the workplace … workers managed. We find that when managers are paid fixed wages, they favor workers to whom they are socially connected …
Persistent link: https://www.econbiz.de/10010269058
There is a debate on whether executive pay reflects rent extraction due to managerial power or is the result of arms-length bargaining in a principal-agent framework. In this paper we offer a test of the managerial power hypothesis by empirically examining the CEO compensation of U.S. public...
Persistent link: https://www.econbiz.de/10010269077
, prejudice, or systematically biased beliefs about the ability of female managers. Disentangling these theories would require … data on productivity, on the preferences of those who interact with managers, and on perceptions of productivity. Financial …
Persistent link: https://www.econbiz.de/10010269221
employees are hired under Hispanic and non-Hispanic, white managers, and then examine the effects of manager-employee ethnic …
Persistent link: https://www.econbiz.de/10010274554