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We examine the relationship between the employment and compensation of managers and CEOs and the presence of a … firm. Unions, by redistributing rents towards the workers, lead to lower employment and lower pay for managers. Using a … variety of data sets, we examine the implications of the model for the relationship between the employment and wages of …
Persistent link: https://www.econbiz.de/10011333286
Persistent link: https://www.econbiz.de/10001896343
This article estimates a dynamic reduced-form model of intra-firm promotions using an employer-employee panel of over 300 of the largest corporations in the U.S. in the period from 1981 to 1988. The estimation conditions on unobserved individual heterogeneity and allows for both an endogenous...
Persistent link: https://www.econbiz.de/10009656075