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The Gender Gap in Top Corporate Jobs
Bertrand, Marianne; Hallock, Kevin F. - 2021
This paper studies the gender compensation gap among high-level executives in US corporations. We use the ExecuComp … are less likely to be CEO, Chair, or President of their company. The unexplained gender gap can be reduced to less than 5 … of a significant gender gap (once we control for measurable characteristics) implies that women and men who hold similar …
Persistent link: https://www.econbiz.de/10013243929
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Evaluating the Effectiveness of National Labor Relations Act Remedies : Analysis and Comparison with Other Workplace Penalty Policies
Kleiner, Morris M. - 2010
The goal of this paper is to examine the implied penalty policies underlying the remedies created by the National Labor Relations Act (NLRA) in terms of the policies' impact on employer and union behaviors. We present a simple model of deterrence as a means of evaluating workplace penalty...
Persistent link: https://www.econbiz.de/10013135048
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The Distinct Effects of Information Technology and Communication Technology on Firm Organization
Bloom, Nicholas - 2012
their managers, and lead to centralization. Using an original dataset of firms in the US and seven European countries we … find that better information technologies (Enterprise Resource Planning for plant managers and CAD/CAM for production … networks) decrease autonomy for both workers and plant managers. Our findings are robust to using exogenous variation in cross …
Persistent link: https://www.econbiz.de/10013117035
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Wage Effects of Trade Reform with Endogenous Worker Mobility
Krishna, Pravin - 2011
In this paper, we use a linked employer-employee database from Brazil to evaluate the wage effects of trade reform. With an aggregate (firm-level) analysis of this question, we find that a decline in trade protection is associated with an increase in average wages in exporting firms relative to...
Persistent link: https://www.econbiz.de/10013122021
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Client-Based Entrepreneurship
Rauch, James E. - 2014
Client relationships create value, which employees may try to wrest from their employers by setting up their own firms. If when an employer and worker establish a relationship they cannot contract on the output and profits of the worker's prospective new firm, the employer counters by inducing...
Persistent link: https://www.econbiz.de/10013069964
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Reducing Moral Hazard in Employment Relationships : Experimental Evidence on Managerial Control and Performance Pay
Kirabo Jackson, C. - 2013
Moral hazard is endemic to employment relationships and firms often use performance pay and managerial control to address this problem. While performance pay has received much empirical attention, managerial control has not. We analyze data from a managerial-control field experiment in which an...
Persistent link: https://www.econbiz.de/10013072870
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Trade, Offshoring, and the Invisible Handshake
Karabay, Bilgehan - 2010
We study the effect of globalization on the volatility of wages and worker welfare in a model in which risk is allocated through long-run employment relationships (the 'invisible handshake'). Globalization can take two forms: International integration of commodity markets (i.e., free trade) and...
Persistent link: https://www.econbiz.de/10013152563
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Relational Investing : The Worker's Perspective
Lazear, Edward P. - 2008
Workers who hold a firm's stock make decisions other than those that pure capital owners would make, but there exist institutions and compensation packages that will generally lead workers to favor efficient firm decisions. Workers care about their firm-specific rents and may seek shares in...
Persistent link: https://www.econbiz.de/10012774982
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Family Firms, Paternalism, and Labor Relations
Mueller, Holger M. - 2007
Using firm-, industry-, and country-level data, we document a link between family ownership and labor relations. Across countries, we find that family ownership is relatively more prevalent in countries in which labor relations are difficult, consistent with firm-level evidence suggesting that...
Persistent link: https://www.econbiz.de/10012778155
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When Knowledge is an Asset : Explaining the Organizational Structure of Large Law Firms
Rebitzer, James B. - 2007
We study the economics of employment relationships through theoretical and empirical analysis of an unusual set of firms, large law firms. Our point of departure is the quot;property rightsquot; approach that emphasizes the centrality of ownership's legal rights to control important, non-human...
Persistent link: https://www.econbiz.de/10012778263