We estimate the elasticity of vacancy duration with respect to posted wages, using data from the near-universe of online job adverts in the United Kingdom. Our research design identifies duration elasticities by leveraging firm-level wage policies that are plausibly exogenous to hiring...

In this experimental study, we compare the effects of a compensation scheme based on Relative Performance Evaluation (RPE) and a compensation scheme based on Absolute Performance Evaluation (APE) on decision-making in a market game. To this end, we conduct an online experiment using the strategy...

With the evolution of generative AI systems, machine-made productions in the literary and artistic domain have reached a level of refinement that allows them to substitute human creations. Inevitably, the increasing sophistication of AI systems will disrupt the market for human literary and...

How do firms set wages across space? Using job-level vacancy data and a survey of HR managers, we show that 40-50% of a job's posted wages are identical across locations within a firm. Moreover, nominal posted wages within the firm vary relatively little with local prices, a pattern we verify...

This study aims to understand the impact of the additional remuneration of the Chief Executive Officer (CEO) over the mean remuneration of the board of directors on firms' financial performance. The objective is to understand if the highest compensation of the CEO is a firm performance driver....

We investigate the role of firms in intergenerational mobility by decomposing the intergenerational elasticity of earnings (IGE) into firm-IGE and individual-IGE using a two-way fixed effects framework. Using data from Israel, we find that the firm component is responsible for 22% of the overall...