volatility from their employing firms than are higher earning workers …

The US-centred debate on the decoupling of productivity from workers' compensation has given rise to the question … local workers in the form of compensation and wage growth has been questioned. Existing analyses provide little explanation … as to why the gains in productivity are (not) fully passed on in the form of higher compensation, and why this is more …

This paper examines whether CEO stock-based compensation has an effect on the market's ability to predict future … earnings. When stock-based compensation motivates managers to share their private information with shareholders, it will … anticipate future performance. We find that a CEO's stock-based compensation strengthens the association between current returns …

average across countries, changes in the dispersion of average wages between firms explain about half of the changes in … productivity-related premia that firms pay their workers above common market wages. The remaining third can be attributed to …

average across countries, changes in the dispersion of average wages between firms explain about half of the changes in … productivity-related premia that firms pay their workers above common market wages. The remaining third can be attributed to …