Pay Cuts for the Boss: Executive Compensation in the 1940s
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Executive pay fell during the 1940s, marking the last notable decrease in the past 70 years. We study this decline using a new panel dataset on the remuneration of top executives in 246 firms. We find that government regulation--including explicit salary restrictions and taxation--had, at best, a
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美国国家经济研究局创建时间：
2011-08-01
