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Empirical research on the relationship between CEO compensation and corporate performance has, as of yet, failed to yield meaningful results. Evidence instead points to the decoupling of CEO total compensation (salary, bonus, other payments, and stock options) from the corporate performance....
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This paper provides an international comparison of external rates of return to education. As is pointed out in the literature social return rate exceeds the pure technical rate of return by a considerable margin. However, measuring social return is delicate due to methodological and data...
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This paper considers new 'distributionally sensitive' summary measures of wage differentials, not solely determined by "the average wage of the average person" but by differences across complete wage distributions. Considerations of risk or inequality aversion in the assessment of wage...
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While financial incentives usually have a significant effect on the labor supply of married women and single mothers, the evidence about the participation elasticity of childless singles, and single males especially, is more scant. This is, however, important in countries like France and...
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