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In Search of Ideas: Technological Innovation and Executive Pay Inequality

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NBER2015-12-01 更新2025-01-04 收录
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We develop a general equilibrium model that delivers realistic fluctuations in both the level as well as the dispersion in executive pay as a result of changes in the technology frontier. Our model recognizes that executives add value to the firm not only by participating in production decisions,

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2015-12-01
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