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A new model of wage determination and wage inequality

Jasso, Guillermina - 2008

power depend on the configuration of agreements and disagreements; (2) Independence of mind reduces wage inequality, and …

Persistent link: https://www.econbiz.de/10010269355

Who Is the Enemy?

Epstein, Gil S.; Gang, Ira N. - 2004

We examine who benefits when there is a strong leader in place, and those who benefit when a situation lacks a proper leader. There are fractious terrorist groups who seek to serve the same people in common cause against a common enemy. The groups compete for rents obtained from the public by...

Persistent link: https://www.econbiz.de/10010261991

Theoretical unification in justice and beyond

Jasso, Guillermina - 2007

The goal of scientific work is to understand more and more by less and less. In this effort, theoretical unification plays a large part. There are two main types of theoretical unification - unification of different theories of the same field of phenomena and unification of theories of different...

Persistent link: https://www.econbiz.de/10010267778

Control rights in public-private partnerships

Francesconi, Marco; Muthoo, Abhinay - 2006

This paper develops a theory of the allocation of authority between two parties that produce impure public goods. We show that the optimal allocation depends on technological factors, the parties' valuations of the goods produced, and the degree of impurity of these goods. When the degree of...

Persistent link: https://www.econbiz.de/10010268030

What explains the rise in CEO pay in Germany? A panel data analysis for 1977 - 2009

Fabbri, Francesca; Marin, Dalia - 2012

the literature on executive pay: the manager power hypothesis and the efficient pay hypothesis. We find support for the … manager power hypothesis for Germany as executives tend to be rewarded when the sector is doing well rather than the firm they …

Persistent link: https://www.econbiz.de/10010282632

Is it money or brains? The determinants of intra-family decision power

Bertocchi, Graziella; Brunetti, Marianna; Torricelli, … - 2012

We empirically study the determinants of intra-household decision power with respect to economic and financial choices …'s characteristics in terms of age, education, and income. The main conclusion is that decision-making power over family economics is not …

Persistent link: https://www.econbiz.de/10010283986

De jure and de facto determinants of power: Evidence from Mississippi

Bertocchi, Graziella; Dimico, Arcangelo - 2012

We evaluate the empirical relevance of de facto vs. de jure determinants of political power in the U.S. South between … majority represents a threat to the de facto power of white elites. Moreover, the effect of race becomes stronger after 1890 …

Persistent link: https://www.econbiz.de/10010287591

The efficacy and efforts of interest groups in post elections policy formation

Epstein, Gil S.; Mealem, Yosef; Nitsan, Shemuel - 2012

given party ideological predispositions and power distribution determine the expected policy outcome. Our analysis applies … weighted by power. Our second result clarifies how the success of an interest group hinges on the dominance of its ideology in … effect of ideological predispositions and power on the efforts of the interest groups. …

Persistent link: https://www.econbiz.de/10010291379

Executive compensation, firm performance, and corporate governance in China: evidence from firms listed in the Shanghai and Shenzhen stock exchanges

Kato, Takao; Long, Cheryl - 2005

This paper provides evidence on how executive compensation relates to firm performance in listed firms in China. Using comprehensive financial and accounting data on China's listed firms from 1998 to 2002, augmented by unique data on executive compensation and ownership structure, we find for...

Persistent link: https://www.econbiz.de/10010267302

CEO turnover, firm performance and enterprise reform in China: evidence from new micro data

Kato, Takao; Long, Cheryl - 2006

Using comprehensive financial and accounting data on China's listed firms from 1998 to 2002, augmented by unique data on CEO turnover, ownership structure and board characteristics, we estimate Logit models of CEO turnover. We find consistently for all performance measures including both stock...

Persistent link: https://www.econbiz.de/10010274393