manufacturing. Earnings losses are larger for individuals with low initial wages, low initial tenure, and low attachment to the …We analyze the effect of exposure to international trade on earnings and employment of U.S. workers from 1992 through … 2007 by exploiting industry shocks to import competition stemming from China’s spectacular rise as a manufacturing exporter …

. Agency theory’s insistence on linking the compensation of managers and directors as closely as possible to firm performance … is a major reason for these scandals. They cannot be overcome by improving variable pay for performance, as selfish …

explicitly or implicitly agency theory as a theoretical basis. The emerging psychological economics opens a new perspective. As …