Showing 1 - 10 of 8,309
Persistent link: https://www.econbiz.de/10000961626
In recent decades, most developed countries have experienced a simultaneous increase in income inequality and 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...
Persistent link: https://www.econbiz.de/10003754931
Persistent link: https://www.econbiz.de/10003756668
Persistent link: https://www.econbiz.de/10003645143
Persistent link: https://www.econbiz.de/10003806880
Persistent link: https://www.econbiz.de/10003471348
Persistent link: https://www.econbiz.de/10003612614
Persistent link: https://www.econbiz.de/10009755464
Persistent link: https://www.econbiz.de/10008937860
This study documents two empirical regularities, using data for Denmark and Portugal. First, workers who are hired last …, are the first to leave the firm (Last In, First Out; LIFO). Second, workers' wages rise with seniority (= a worker … to seniority in wages. Efficiency in hiring requires the workers' bargaining power to be in line with their share in the …
Persistent link: https://www.econbiz.de/10003749639