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minority job performance. In the stores studied, cashiers work with different managers on different days and their schedules … are determined quasi-randomly. When minority cashiers, but not majority cashiers, are scheduled to work with managers who … minority workers: while on average minority and majority workers perform equivalently, on days where managers are unbiased …
Persistent link: https://www.econbiz.de/10012455894
discrimination, but it may also induce a reaction from individuals who were not acting in a biased way …
Persistent link: https://www.econbiz.de/10012480984
The best worker is not always the best candidate for manager. In these cases, do firms promote the best potential manager or the best worker in her current job? Using microdata on the performance of sales workers at 214 firms, we find evidence consistent with the "Peter Principle," which...
Persistent link: https://www.econbiz.de/10012453371
to forgo the potentially valuable private information of their managers. We study the introduction of job testing across … 15 firms employing low-skilled service sector workers. When faced with similar applicant pools, we find that managers who … appear to hire against test recommendations end up with worse average hires. This suggests that managers often overrule test …
Persistent link: https://www.econbiz.de/10012456961
globalization in France has been a huge growth in vertical specialization -- the completion of the different production stages of a … that in France vertical specialization -- defined as the share of imported inputs in production -- rose from 9% in 1977 to …
Persistent link: https://www.econbiz.de/10012468982
market in France has polarized: employment shares of high and low wage occupations have grown, while middle wage occupations … technically qualified managers and technicians, we use a new measure of the propensity of a firm to adopt new technology: its … conclude that technological change, mediated through techies, is an important cause of polarization in France. Firm-level trade …
Persistent link: https://www.econbiz.de/10012456564
We study the relation between mutual fund managers' family backgrounds and their professional performance. Using hand …-collected data from individual Census records on the wealth and income of managers' parents, we find that managers from poor families … deliver higher alphas than managers from rich families. This result is robust to alternative measures of fund performance …
Persistent link: https://www.econbiz.de/10012456162
Would moving to relative performance contracts improve the alignment between CEO pay and performance? To address this we exploit the large rise in relative performance awards and the share of equity pay in the UK over the last two decades. Using new employer-employee matched datasets we find...
Persistent link: https://www.econbiz.de/10012456270
We present evidence on the labor supply of CEOs, and on whether family and professional CEOs differ on this dimension. We do so through a new survey instrument that allows us to codify CEOs' diaries in a detailed and comparable fashion, and to build a bottom-up measure of CEO labor supply. The...
Persistent link: https://www.econbiz.de/10012458941
When there is uncertainty about a CEO's quality, news about the firm causes rational investors to update their expectation of the firm's profitability for two reasons: Updates occur because of the direct effect of the news, and also because the news can cause an updated assessment of the CEO's...
Persistent link: https://www.econbiz.de/10012459779