Narrow search
Showing 1 - 10 of 427
Cover Image
Estimating Management Practice Complementarity between Decentralization and Performance Pay
Hong, Bryan; Kueng, Lorenz; Yang, Mu-Jeung - National Bureau of Economic Research (NBER) - 2015
The existence of complementarity across management practices has been proposed as one potential explanation for the persistence of firm-level productivity differences. However, thus far no conclusive population-level tests of the complementary joint adoption of management practices have been...
Persistent link: https://www.econbiz.de/10011123618
Cover Image
Are Women More Attracted to Cooperation Than Men?
Kuhn, Peter; Villeval, Marie Claire - National Bureau of Economic Research (NBER) - 2013
. Key factors explaining gender patterns in attraction to co-operative incentives across experimental conditions include …
Persistent link: https://www.econbiz.de/10011212812
Cover Image
Who Lives in the C-Suite? Organizational Structure and the Division of Labor in Top Management
Guadalupe, Maria; Li, Hongyi; Wulf, Julie - National Bureau of Economic Research (NBER) - 2012
This paper shows that top management structures in large US firms radically changed since the mid-1980s. While the number of managers reporting directly to the CEO doubled, the growth was driven primarily by functional managers rather than general managers. Using panel data on senior management...
Persistent link: https://www.econbiz.de/10009493265
Cover Image
The Making of an Investment Banker: Macroeconomic Shocks, Career Choice, and Lifetime Income
Oyer, Paul - National Bureau of Economic Research (NBER) - 2006
New graduates of elite MBA programs flock to Wall Street during bull markets and start their careers elsewhere when the stock market is weak. Given the transferability of MBA skills, it seems likely that any effect of stock returns on MBA placement would be short-lived. In this paper, I use a...
Persistent link: https://www.econbiz.de/10005034926
Cover Image
Why Do Some Firms Give Stock Options to All Employees?: An Empirical Examination of Alternative Theories
Oyer, Paul; Schaefer, Scott - National Bureau of Economic Research (NBER) - 2004
: providing incentives to employees, inducing employees to sort, and helping firms retain employees. We gather data on firms … explain observed granting behavior. First, we directly calibrate models of incentives, sorting and retention, and ask whether …-sectional regression analysis of firms' option-granting choices. We reject an incentives-based explanation for broad-based stock option …
Persistent link: https://www.econbiz.de/10005084933
Cover Image
Personnel Economics: The Economist's View of Human Resources
Lazear, Edward; Shaw, Kathryn L. - National Bureau of Economic Research (NBER) - 2007
Personnel economics drills deeply into the firm to study human resource management practices like compensation, hiring practices, training, and teamwork. Many questions are asked. Why should pay vary across workers within firms--and how "compressed" should pay be within firms? Should firms pay...
Persistent link: https://www.econbiz.de/10005085230
Cover Image
Contracting With Synergies
Edmans, Alex; Goldstein, Itay; Zhu, John Y. - National Bureau of Economic Research (NBER) - 2011
pay, consistent with strong equity incentives in small firms, including among low-level employees. The influence …
Persistent link: https://www.econbiz.de/10009368129
Cover Image
Managerial Attributes and Executive Compensation
Graham, John R.; Li, Si; Qiu, Jiaping - National Bureau of Economic Research (NBER) - 2011
We study the role of firm- and manager-specific heterogeneities in executive compensation. We decompose the variation in executive compensation and find that time invariant firm and especially manager fixed effects explain a majority of the variation in executive pay. We then show that in many...
Persistent link: https://www.econbiz.de/10009277242
Cover Image
The Contribution of the Minimum Wage to U.S. Wage Inequality over Three Decades: A Reassessment
Autor, David; Manning, Alan; Smith, Christopher L. - National Bureau of Economic Research (NBER) - 2010
We reassess the effect of state and federal minimum wages on U.S. earnings inequality using two additional decades of data and far greater variation in minimum wages than was available to earlier studies. We argue that prior literature suffers from two sources of bias and propose an IV strategy...
Persistent link: https://www.econbiz.de/10008727865
Cover Image
Compensating Employees Below the Executive Ranks: A Comparison of Options, Restricted Stock, and Cash
Oyer, Paul; Schaefer, Scott - National Bureau of Economic Research (NBER) - 2004
Using a detailed data set of employee stock option grants, we compare observed stock-option-based pay plans to hypothetical cash-only or restricted-stock-based plans. We make a variety of assumptions regarding the possible benefits of options relative to cash or stock, and then use observed...
Persistent link: https://www.econbiz.de/10005714363