fewer layers having a broader range of skills. -- entrepreneurship ; employee mobility ; hierarchy, rank, small firm effect …

firm is determined by profit maximization under the participation restriction that lowest wages meet reservation wages …. Reservation wages are endogenously determined in the institutional market economy. We give conditions guaranteeing a finite …

wages, and the issue of how the existence of task structures, or career ladders, affect wages becomes paramount. Using data … hierarchy and the wage, a size effect may very well come out positive and significant if we fail to control for it, making it an … artifact of the data rather than an accurate description of the world. -- wages ; plant size ; occupational hierarchies …

more layers are larger in size, in value added, and they pay higher wages. Firms are hierarchal in that lower layers have …/value added and decreases in mean firm wages (at pre-existing layers). The reverse holds for removing layers. This result also … holds for layer by layer mean size and wages for a majority of pre-existing layers. -- hierarchies ; organizations …