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diminishing returns to the number of workers. We examine the sorting of factors to sectors and the matching of factors within …
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diminishing returns to the number of workers. We examine the sorting of factors to sectors and the matching of factors within …
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We study the market for CEOs of large publicly-traded US firms, analyze new CEOs' prior connections to the hiring firm, and explore how hiring choices are determined. Firms are hiring from a surprisingly small pool of candidates. More than 80% of new CEOs are insiders, defined as current or...
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