Bender, Stefan; Bloom, Nicholas; Card, David E.; Van … - 2016
explained by the higher human capital of the average employee at better-managed firms. A larger share (about 13%) is … attributable to the human capital of the highestpaid workers, a group we interpret as representing the managers of the firm. And a …, we confirm that better-managed firms systematically recruit and retain workers with higher average human capital. Overall …