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This paper examines how changes in the composition of the human capital of the workforce impact the CEO. Over the last … that these changes in the workforce caused CEO pay to double over the last thirty years, explaining roughly one-third of … the aggregate increase in CEO pay. Consistent with this effect being caused by synergies between CEOs and nonroutine …
Persistent link: https://www.econbiz.de/10013034634
We perform decompositions and regression analyses that test the routinization hypothesis and implied job polarization at the firm level. Prior studies have focused on the aggregate, industry or local levels. Our results for the abstract and routine occupation groups are consistent with the...
Persistent link: https://www.econbiz.de/10011455805
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In this paper, we explore the role of trade in differentiated final goods as well offshoring of tasks for inequality both within and between countries. We emphasize the distinction between managerial and production labor. Production labor is assumed to be a variable input composed of tradable...
Persistent link: https://www.econbiz.de/10009156628
Persistent link: https://www.econbiz.de/10010373261
Persistent link: https://www.econbiz.de/10008933709
In this paper, we explore the role of trade in differentiated final goods as well offshoring of tasks for inequality both within and between countries. We emphasize the distinction between managerial and production labor. Production labor is assumed to be a variable input composed of tradable...
Persistent link: https://www.econbiz.de/10013316113
We explore the role of trade in differentiated final goods as well ollshoring of tasks for inequality both within and between countries. We emphasize the distinction between managerial and production labor. Managerial labor is a fixed input while production labor is a variable input. Following...
Persistent link: https://www.econbiz.de/10009229062
Persistent link: https://www.econbiz.de/10010191565
management compensation. In this paper, we study the relation between management compensation and firm-level income dynamics in a … general equilibrium model. Empirical estimation, of the model's key parameters show that the rising management premium is … rising management premium produces income distribution dynamics at the firm level which are similar to those observed at the …
Persistent link: https://www.econbiz.de/10003754931