mechanics compared with leaders who were principally managers or engineers with degrees. There is a notable association between …

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 …

cycle of managers. We calibrate this model to U.S plant-size data to quantify the effects of distortions that are correlated … are critical in accounting for the differences in size distribution between the U.S. and Japan. …

magnitude of the sensitivity of pay to stock market performance is comparable to the U.S. and Japan. Perhaps even more …