Why Has CEO Pay Increased So Much?
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Xavier Gabaix & Augustin Landier, 2008. "Why has CEO Pay Increased So Much?," The Quarterly Journal of Economics, Oxford University Press, vol. 123(1), pages 49-100.
- Xavier Gabaix & Augustin Landier, 2006. "Why Has CEO Pay Increased So Much?," NBER Working Papers 12365, National Bureau of Economic Research, Inc.
References listed on IDEAS
- Baker, George P & Jensen, Michael C & Murphy, Kevin J, 1988.
" Compensation and Incentives: Practice vs. Theory,"
Journal of Finance,
American Finance Association, vol. 43(3), pages 593-616, July.
- Baker, G.P. & Jensen, M.C. & Murphy, K.J., 1988. "Compensation And Incentives: Practice Vs. Theory," Papers 88-05, Rochester, Business - Managerial Economics Research Center.
- Cuñat, Vicente & Guadalupe, Maria, 2006. "Globalization and the Provision of Incentives Inside the Firm," CEPR Discussion Papers 5950, C.E.P.R. Discussion Papers.
- Conyon, Martin J & Murphy, Kevin J, 2000. "The Prince and the Pauper? CEO Pay in the United States and United Kingdom," Economic Journal, Royal Economic Society, vol. 110(467), pages 640-671, November.
- Brian J. Hall & Kevin J. Murphy, 2003. "The Trouble with Stock Options," Journal of Economic Perspectives, American Economic Association, vol. 17(3), pages 49-70, Summer.
- George-Levi Gayle & Robert A. Miller, 2009.
"Has Moral Hazard Become a More Important Factor in Managerial Compensation?,"
American Economic Review, American Economic Association, vol. 99(5), pages 1740-1769, December.
- George-Levi Gayle & Robert A. Miller, 2005. "Has Moral Hazard Become a More Important Factor in Managerial Compensation?," GSIA Working Papers 2005-E58, Carnegie Mellon University, Tepper School of Business.
- Andrei Shleifer, 2004.
"Does Competition Destroy Ethical Behavior?,"
American Economic Review, American Economic Association, vol. 94(2), pages 414-418, May.
- Andrei Shleifer, 2004. "Does Competition Destroy Ethical Behavior?," NBER Working Papers 10269, National Bureau of Economic Research, Inc.
- Shleifer, Andrei, 2004. "Does Competition Destroy Ethical Behavior?," Scholarly Articles 27867243, Harvard University Department of Economics.
- Raghuram G. Rajan & Julie Wulf, 2006.
"The Flattening Firm: Evidence from Panel Data on the Changing Nature of Corporate Hierarchies,"
The Review of Economics and Statistics, MIT Press, vol. 88(4), pages 759-773, November.
- Raghuram Rajan & Julie Wulf, 2003. "The Flattening Firm: Evidence from Panel Data on the Changing Nature of Corporate Hierarchies," NBER Working Papers 9633, National Bureau of Economic Research, Inc.
- George P. Baker & Brian J. Hall, 2004. "CEO Incentives and Firm Size," Journal of Labor Economics, University of Chicago Press, vol. 22(4), pages 767-798, October.
- Fredrik Andersson & Matthew Freedman & John Haltiwanger & Julia Lane & Kathryn Shaw, 2009.
"Reaching for the Stars: Who Pays for Talent in Innovative Industries?,"
Economic Journal, Royal Economic Society, vol. 119(538), pages 308-332, June.
- Fredrik Andersson & Matthew Freedman & John Haltiwanger & Julia Lane & Kathryn Shaw, 2009. "Reaching for the Stars: Who Pays for Talent in Innovative Industries?," Economic Journal, Royal Economic Society, vol. 119(538), pages 308-332, June.
- Fredrik Andersson & Matthew Freedman & John C. Haltiwanger & Julia Lane & Kathryn L. Shaw, 2006. "Reaching for the Stars: Who Pays for Talent in Innovative Industries?," NBER Working Papers 12435, National Bureau of Economic Research, Inc.
- Paul Gompers & Joy Ishii & Andrew Metrick, 2003.
"Corporate Governance and Equity Prices,"
The Quarterly Journal of Economics, Oxford University Press, vol. 118(1), pages 107-156.
- Paul A. Gompers & Joy L. Ishii & Andrew Metrick, 2001. "Corporate Governance and Equity Prices," NBER Working Papers 8449, National Bureau of Economic Research, Inc.
- Paul A. Gompers & Joy L. Ishii & Andrew Metrick, 2002. "Corporate Governance and Equity Prices," Center for Financial Institutions Working Papers 02-32, Wharton School Center for Financial Institutions, University of Pennsylvania.
- Brian J. Hall & Jeffrey B. Liebman, 1998.
"Are CEOs Really Paid Like Bureaucrats?,"
The Quarterly Journal of Economics, Oxford University Press, vol. 113(3), pages 653-691.
- Brian J. Hall & Jeffrey B. Liebman, 1997. "Are CEOs Really Paid Like Bureaucrats?," NBER Working Papers 6213, National Bureau of Economic Research, Inc.
- Hanno Lustig & Stijn Van Nieuwerburgh, 2008.
"The Returns on Human Capital: Good News on Wall Street is Bad News on Main Street,"
Review of Financial Studies, Society for Financial Studies, vol. 21(5), pages 2097-2137, September.
- Hanno Lustig & Stijn Van Nieuwerburgh, 2005. "The Returns on Human Capital: Good News on Wall Street is Bad News on Main Street," NBER Working Papers 11564, National Bureau of Economic Research, Inc.
- repec:hrv:faseco:30747162 is not listed on IDEAS
- Thomas Piketty & Emmanuel Saez, 2006.
"The Evolution of Top Incomes: A Historical and International Perspective,"
American Economic Review, American Economic Association, vol. 96(2), pages 200-205, May.
- Thomas Piketty & Emmanuel Saez, 2006. "The Evolution of Top Incomes: A Historical and International Perspective," NBER Working Papers 11955, National Bureau of Economic Research, Inc.
- Thomas Piketty & Emmanuel Saez, 2006. "The evolution of top incomes: a historical and international perspectives," Post-Print halshs-00754642, HAL.
- Barro, Jason R & Barro, Robert J, 1990.
"Pay, Performance, and Turnover of Bank CEOs,"
Journal of Labor Economics, University of Chicago Press, vol. 8(4), pages 448-481, October.
- Jason R. Barro & Robert J. Barro, 1990. "Pay, Performance, and Turnover of Bank CEOs," NBER Working Papers 3262, National Bureau of Economic Research, Inc.
- Barro, Jason R. & Barro, Robert J., 1990. "Pay, Performance, and Turnover of Bank CEOs," Scholarly Articles 3451300, Harvard University Department of Economics.
- Scott Schaefer, 1998. "The Dependence Of Pay--Performance Sensitivity On The Size Of The Firm," The Review of Economics and Statistics, MIT Press, vol. 80(3), pages 436-443, August.
- Carola Frydman & Dirk Jenter, 2010.
"CEO Compensation,"
Annual Review of Financial Economics, Annual Reviews, vol. 2(1), pages 75-102, December.
- Carola Frydman & Dirk Jenter, 2010. "CEO Compensation," NBER Working Papers 16585, National Bureau of Economic Research, Inc.
- Frydman, Carola & Jenter, Dirk, 2010. "CEO Compensation," Research Papers 2069, Stanford University, Graduate School of Business.
- Carola Frydman & Dirk Jenter, 2010. "CEO Compensation," CESifo Working Paper Series 3277, CESifo.
- Rustam Ibragimov, 2005. "A Tale of Two Tails: Peakedness Properties in Inheritance Models of Evolutionary Theory," Harvard Institute of Economic Research Working Papers 2092, Harvard - Institute of Economic Research.
- Charles I. Jones, 2005.
"The Shape of Production Functions and the Direction of Technical Change,"
The Quarterly Journal of Economics, Oxford University Press, vol. 120(2), pages 517-549.
- Charles I. Jones, 2004. "The Shape of Production Function and the Direction of Technical Change," NBER Working Papers 10457, National Bureau of Economic Research, Inc.
- Marianne Bertrand & Sendhil Mullainathan, 2001. "Are CEOs Rewarded for Luck? The Ones Without Principals Are," The Quarterly Journal of Economics, Oxford University Press, vol. 116(3), pages 901-932.
- Xavier Gabaix & David Laibson & Hongyi Li, 2005. "Extreme Value Theory and the Effects of Competition on Profits," Levine's Bibliography 784828000000000656, UCLA Department of Economics.
- Rafael La Porta & Florencio Lopez‐De‐Silanes & Andrei Shleifer, 1999.
"Corporate Ownership Around the World,"
Journal of Finance, American Finance Association, vol. 54(2), pages 471-517, April.
- Rafael La Porta & Florencio Lopez-de-Silane & Andrei Shleifer, 1998. "Corporate Ownership Around the World," NBER Working Papers 6625, National Bureau of Economic Research, Inc.
- Rafael La Porta & Florencio Lopez-de-Silanes & Andrei Shleifer, 1998. "Corporate Ownership Around the World," Harvard Institute of Economic Research Working Papers 1840, Harvard - Institute of Economic Research.
- Sattinger, Michael, 1993. "Assignment Models of the Distribution of Earnings," Journal of Economic Literature, American Economic Association, vol. 31(2), pages 831-880, June.
- Lucian Arye Bebchuk & Jesse M. Fried & David I. Walker, 2002.
"Managerial Power and Rent Extraction in the Design of Executive Compensation,"
NBER Working Papers
9068, National Bureau of Economic Research, Inc.
- Bebchuk, Lucian Arye & Fried, Jesse & Walker, David I, 2002. "Managerial Power and Rent Extraction in the Design of Executive Compensation," CEPR Discussion Papers 3558, C.E.P.R. Discussion Papers.
- Xavier Gabaix & Rustam Ibragimov, 2011.
"Rank - 1 / 2: A Simple Way to Improve the OLS Estimation of Tail Exponents,"
Journal of Business & Economic Statistics, Taylor & Francis Journals, vol. 29(1), pages 24-39, January.
- Xavier Gabaix & Rustam Ibragimov, 2007. "Rank-1/2: A Simple Way to Improve the OLS Estimation of Tail Exponents," NBER Technical Working Papers 0342, National Bureau of Economic Research, Inc.
- Xavier Gabaix & David Laibson, 2018.
"Shrouded attributes, consumer myopia and information suppression in competitive markets,"
Chapters, in: Victor J. Tremblay & Elizabeth Schroeder & Carol Horton Tremblay (ed.), Handbook of Behavioral Industrial Organization, chapter 3, pages 40-74,
Edward Elgar Publishing.
- Xavier Gabaix & David Laibson, 2006. "Shrouded Attributes, Consumer Myopia, and Information Suppression in Competitive Markets," The Quarterly Journal of Economics, Oxford University Press, vol. 121(2), pages 505-540.
- Xavier Gabaix & David Laibson, 2005. "Shrouded Attributes, Consumer Myopia, and Information Suppression in Competitive Markets," NBER Working Papers 11755, National Bureau of Economic Research, Inc.
- Laibson, David I. & Gabaix, Xavier, 2006. "Shrouded Attributes, Consumer Myopia, and Information Suppression in Competitive Markets," Scholarly Articles 4554333, Harvard University Department of Economics.
- Garicano, Luis & Hubbard, Thomas N., 2012. "Learning about the nature of production from equilibrium assignment patterns," Journal of Economic Behavior & Organization, Elsevier, vol. 84(1), pages 136-153.
- Paul Joskow & Nancy Rose & Andrea Shepard, 1993. "Regulatory Constraints on CEO Compensation," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 24(1 Microec), pages 1-72.
- Ulrike Malmendier & Geoffrey Tate, 2009.
"Superstar CEOs,"
The Quarterly Journal of Economics, Oxford University Press, vol. 124(4), pages 1593-1638.
- Ulrike Malmendier & Geoffrey Tate, 2008. "Superstar CEOs," NBER Working Papers 14140, National Bureau of Economic Research, Inc.
- Kevin J. Murphy & Ján Zábojník, 2004. "CEO Pay and Appointments: A Market-Based Explanation for Recent Trends," American Economic Review, American Economic Association, vol. 94(2), pages 192-196, May.
- Brown, Charles & Medoff, James, 1989.
"The Employer Size-Wage Effect,"
Journal of Political Economy, University of Chicago Press, vol. 97(5), pages 1027-1059, October.
- Charles Brown & James L. Medoff, 1989. "The Employer Size-Wage Effect," NBER Working Papers 2870, National Bureau of Economic Research, Inc.
- J. M. C. Santos Silva & Silvana Tenreyro, 2006.
"The Log of Gravity,"
The Review of Economics and Statistics, MIT Press, vol. 88(4), pages 641-658, November.
- Santos Silva, Joao & Tenreyro, Silvana, 2005. "The log of gravity," LSE Research Online Documents on Economics 3744, London School of Economics and Political Science, LSE Library.
- Santos Silva, J.M.C & Tenreyro, Silvana, 2005. "The Log of Gravity," CEPR Discussion Papers 5311, C.E.P.R. Discussion Papers.
- Joao Santos Silva & Silvana Tenreyro, 2005. "The Log of Gravity," CEP Discussion Papers dp0701, Centre for Economic Performance, LSE.
- Bengt Holmstrom & Steven N. Kaplan, 2003.
"The State Of U.S. Corporate Governance: What'S Right And What'S Wrong?,"
Journal of Applied Corporate Finance, Morgan Stanley, vol. 15(3), pages 8-20, March.
- Bengt Holmstrom & Steven N. Kaplan, 2003. "The State of U.S. Corporate Governance: What's Right and What's Wrong?," NBER Working Papers 9613, National Bureau of Economic Research, Inc.
- Xavier Gabaix, 1999. "Zipf's Law for Cities: An Explanation," The Quarterly Journal of Economics, Oxford University Press, vol. 114(3), pages 739-767.
- Kothari, S P & Shanken, Jay & Sloan, Richard G, 1995. "Another Look at the Cross-Section of Expected Stock Returns," Journal of Finance, American Finance Association, vol. 50(1), pages 185-224, March.
- Jensen, Michael C & Murphy, Kevin J, 1990.
"Performance Pay and Top-Management Incentives,"
Journal of Political Economy, University of Chicago Press, vol. 98(2), pages 225-264, April.
- Jensen, M.C. & Murphy, K.J., 1988. "Performance Pay And Top Management Incentives," Papers 88-04, Rochester, Business - Managerial Economics Research Center.
- Gabaix, Xavier & Ioannides, Yannis M., 2004.
"The evolution of city size distributions,"
Handbook of Regional and Urban Economics, in: J. V. Henderson & J. F. Thisse (ed.), Handbook of Regional and Urban Economics, edition 1, volume 4, chapter 53, pages 2341-2378,
Elsevier.
- Xavier Gabaix & Yannis M. Ioannides, 2003. "The Evolution of City Size Distributions," Discussion Papers Series, Department of Economics, Tufts University 0310, Department of Economics, Tufts University.
- Alan B. Krueger, 2005.
"The Economics of Real Superstars: The Market for Rock Concerts in the Material World,"
Journal of Labor Economics, University of Chicago Press, vol. 23(1), pages 1-30, January.
- Alan B. Krueger, 2004. "The Economics of Real Superstars: The Market for Rock Concerts in the Material World," Working Papers 863, Princeton University, Department of Economics, Industrial Relations Section..
- Sherwin Rosen, 1982. "Authority, Control, and the Distribution of Earnings," Bell Journal of Economics, The RAND Corporation, vol. 13(2), pages 311-323, Autumn.
- Nancy L. Rose & Andrea Shepard, 1997.
"Firm Diversification and CEO Compensation: Managerial Ability or Executive Entrenchment?,"
RAND Journal of Economics, The RAND Corporation, vol. 28(3), pages 489-514, Autumn.
- Nancy L. Rose & Andrea Shepard, 1994. "Firm Diversification and CEO Compensation: Managerial Ability or Executive Entrenchment?," NBER Working Papers 4723, National Bureau of Economic Research, Inc.
- James Dow & Clara C. Raposo, 2005. "CEO Compensation, Change, and Corporate Strategy," Journal of Finance, American Finance Association, vol. 60(6), pages 2701-2727, December.
- J. V. Henderson & J. F. Thisse (ed.), 2004. "Handbook of Regional and Urban Economics," Handbook of Regional and Urban Economics, Elsevier, edition 1, volume 4, number 4.
- Luis Garicano & Esteban Rossi-Hansberg, 2006.
"Organization and Inequality in a Knowledge Economy,"
The Quarterly Journal of Economics, Oxford University Press, vol. 121(4), pages 1383-1435.
- Luis Garicano & Esteban Rossi-Hansberg, 2005. "Organization and Inequality in a Knowledge Economy," NBER Working Papers 11458, National Bureau of Economic Research, Inc.
- Rajan, Raghuram G. & Wulf, Julie, 2006.
"Are perks purely managerial excess?,"
Journal of Financial Economics, Elsevier, vol. 79(1), pages 1-33, January.
- Raghuram Rajan & Julie Wulf, 2004. "Are Perks Purely Managerial Excess?," NBER Working Papers 10494, National Bureau of Economic Research, Inc.
- Rosen, S., 1990.
"Contracts and Market for Executives,"
University of Chicago - Economics Research Center
90-12, Chicago - Economics Research Center.
- Sherwin Rosen, 1990. "Contracts and the Market for Executives," NBER Working Papers 3542, National Bureau of Economic Research, Inc.
- Joskow, Paul L. & Rose, Nancy L. & Shepard, Andrea., 1993. "Regulatory constraints on executive compensation," Working papers 3550-93., Massachusetts Institute of Technology (MIT), Sloan School of Management.
- Marko Tervio, 2008. "The Difference That CEOs Make: An Assignment Model Approach," American Economic Review, American Economic Association, vol. 98(3), pages 642-668, June.
- Jess Benhabib & Alberto Bisin, 2006.
"The distribution of wealth and redistributive policies,"
2006 Meeting Papers
368, Society for Economic Dynamics.
- Jess Benhabib & Alberto Bisin, 2006. "The distribution of wealth and redistributive policies," Levine's Working Paper Archive 122247000000001162, David K. Levine.
- Fujiwara, Yoshi & Di Guilmi, Corrado & Aoyama, Hideaki & Gallegati, Mauro & Souma, Wataru, 2004.
"Do Pareto–Zipf and Gibrat laws hold true? An analysis with European firms,"
Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 335(1), pages 197-216.
- Yoshi Fujiwara & Corrado Di Guilmi & Hideaki Aoyama & Mauro Gallegati & Wataru Souma, 2003. "Do Pareto-Zipf and Gibrat laws hold true? An analysis with European Firms," Papers cond-mat/0310061, arXiv.org, revised Nov 2003.
- David R. Roberts, 1956. "A General Theory of Executive Compensation Based on Statistically Tested Propositions," The Quarterly Journal of Economics, Oxford University Press, vol. 70(2), pages 270-294.
- Luis Garicano & Esteban Rossi-Hansberg, 2004. "Inequality and the Organization of Knowledge," American Economic Review, American Economic Association, vol. 94(2), pages 197-202, May.
- Yermack, David, 1995. "Do corporations award CEO stock options effectively?," Journal of Financial Economics, Elsevier, vol. 39(2-3), pages 237-269.
- Xavier Gabaix & Parameswaran Gopikrishnan & Vasiliki Plerou & H. Eugene Stanley, 2006.
"Institutional Investors and Stock Market Volatility,"
The Quarterly Journal of Economics, Oxford University Press, vol. 121(2), pages 461-504.
- Xavier Gabaix & Parameswaran Gopikrishnan & Vasiliki Plerou & H. Eugene Stanley, 2005. "Institutional Investors and Stock Market Volatility," NBER Working Papers 11722, National Bureau of Economic Research, Inc.
- Wilbur G. Lewellen, 1968. "Executive Compensation in Large Industrial Corporations," NBER Books, National Bureau of Economic Research, Inc, number lewe68-1, June.
- Brian J. Hall & Kevin J. Murphy, 2003. "The Trouble with Stock Options," NBER Working Papers 9784, National Bureau of Economic Research, Inc.
- Robert E. Lucas Jr., 1978. "On the Size Distribution of Business Firms," Bell Journal of Economics, The RAND Corporation, vol. 9(2), pages 508-523, Autumn.
- Patrick Bolton & José Scheinkman & Wei Xiong, 2006.
"Executive Compensation and Short-Termist Behaviour in Speculative Markets,"
Review of Economic Studies, Oxford University Press, vol. 73(3), pages 577-610.
- Patrick Bolton & Jose Scheinkman & Wei Xiong, 2003. "Executive Compensation and Short-termist Behavior in Speculative Markets," NBER Working Papers 9722, National Bureau of Economic Research, Inc.
- Patrick Bolton & Jose A. Scheinkman & Wei Xiong, 2003. "Executive Compensation and Short-termist Behavior in Speculative Markets," Levine's Working Paper Archive 506439000000000124, David K. Levine.
- Murphy, Kevin J., 1999. "Executive compensation," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 3, chapter 38, pages 2485-2563, Elsevier.
- Samuel S. Kortum, 1997. "Research, Patenting, and Technological Change," Econometrica, Econometric Society, vol. 65(6), pages 1389-1420, November.
- repec:eee:labchp:v:3:y:1999:i:pb:p:2485-2563 is not listed on IDEAS
- Rosen, Sherwin, 1981. "The Economics of Superstars," American Economic Review, American Economic Association, vol. 71(5), pages 845-858, December.
- Tano Santos & Pietro Veronesi, 2006. "Labor Income and Predictable Stock Returns," Review of Financial Studies, Society for Financial Studies, vol. 19(1), pages 1-44.
- Kaplan, Steven N, 1994. "Top Executive Rewards and Firm Performance: A Comparison of Japan and the United States," Journal of Political Economy, University of Chicago Press, vol. 102(3), pages 510-546, June.
- Fama, Eugene F. & French, Kenneth R., 1997. "Industry costs of equity," Journal of Financial Economics, Elsevier, vol. 43(2), pages 153-193, February.
- O. Ashenfelter & D. Card (ed.), 1999. "Handbook of Labor Economics," Handbook of Labor Economics, Elsevier, edition 1, volume 3, number 3.
- Inderst, Roman & Mueller, Holger M, 2005. "Keeping the Board in the Dark: CEO Compensation and Entrenchment," CEPR Discussion Papers 5315, C.E.P.R. Discussion Papers.
- Peter F. Kostiuk, 1990. "Firm Size and Executive Compensation," Journal of Human Resources, University of Wisconsin Press, vol. 25(1), pages 90-105.
- Lucian Arye Bebchuk & Jesse M. Fried, 2003.
"Executive Compensation as an Agency Problem,"
Journal of Economic Perspectives, American Economic Association, vol. 17(3), pages 71-92, Summer.
- Lucian Arye Bebchuk & Jesse M. Fried, 2003. "Executive Compensation as an Agency Problem," NBER Working Papers 9813, National Bureau of Economic Research, Inc.
- Bebchuk, Lucian Arye & Fried, Jesse, 2003. "Executive Compensation as an Agency Problem," CEPR Discussion Papers 3961, C.E.P.R. Discussion Papers.
- Stijn Van Nieuwerburgh & Hanno Lustig, 2005. "The Returns on Human Wealth: Good News on Wall Street is Bad News on Main Street," 2005 Meeting Papers 105, Society for Economic Dynamics.
- Erzo G. J. Luttmer, 2004. "The size distribution of firms in an economy with fixed and entry costs," Working Papers 633, Federal Reserve Bank of Minneapolis.
- Xavier Gabaix & Parameswaran Gopikrishnan & Vasiliki Plerou & H. Eugene Stanley, 2003. "A theory of power-law distributions in financial market fluctuations," Nature, Nature, vol. 423(6937), pages 267-270, May.
- Benjamin E. Hermalin, 2005. "Trends in Corporate Governance," Journal of Finance, American Finance Association, vol. 60(5), pages 2351-2384, October.
- Bebchuk, Lucian A. & Fried, Jesse M., 2003. "Executive Compensation as an Agency Problem," Berkeley Olin Program in Law & Economics, Working Paper Series qt81q3136r, Berkeley Olin Program in Law & Economics.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Carola Frydman & Raven E. Saks, 2010.
"Executive Compensation: A New View from a Long-Term Perspective, 1936--2005,"
Review of Financial Studies, Society for Financial Studies, vol. 23(5), pages 2099-2138.
- Carola Frydman & Raven E. Saks, 2007. "Executive compensation: a new view from a long-term perspective, 1936-2005," Finance and Economics Discussion Series 2007-35, Board of Governors of the Federal Reserve System (U.S.).
- Carola Frydman & Raven E. Saks, 2008. "Executive Compensation: A New View from a Long-Term Perspective, 1936-2005," NBER Working Papers 14145, National Bureau of Economic Research, Inc.
- Carola Frydman & Dirk Jenter, 2010.
"CEO Compensation,"
Annual Review of Financial Economics, Annual Reviews, vol. 2(1), pages 75-102, December.
- Carola Frydman & Dirk Jenter, 2010. "CEO Compensation," NBER Working Papers 16585, National Bureau of Economic Research, Inc.
- Frydman, Carola & Jenter, Dirk, 2010. "CEO Compensation," Research Papers 2069, Stanford University, Graduate School of Business.
- Carola Frydman & Dirk Jenter, 2010. "CEO Compensation," CESifo Working Paper Series 3277, CESifo.
- Alex Edmans & Xavier Gabaix & Augustin Landier, 2007.
"A Calibratable Model of Optimal CEO Incentives in Market Equilibrium,"
NBER Working Papers
13372, National Bureau of Economic Research, Inc.
- Xavier Gabaix & Augustin Landier & Alex Edmans, 2008. "A Calibratable Model of Optimal CEO Incentives in Market Equilibrium," 2008 Meeting Papers 430, Society for Economic Dynamics.
- Xavier Gabaix, 2009.
"Power Laws in Economics and Finance,"
Annual Review of Economics, Annual Reviews, vol. 1(1), pages 255-294, May.
- Xavier Gabaix, 2008. "Power Laws in Economics and Finance," NBER Working Papers 14299, National Bureau of Economic Research, Inc.
- Alex Edmans & Xavier Gabaix, 2016.
"Executive Compensation: A Modern Primer,"
Journal of Economic Literature, American Economic Association, vol. 54(4), pages 1232-1287, December.
- Edmans, Alex & Gabaix, Xavier, 2015. "Executive Compensation: A Modern Primer," CEPR Discussion Papers 10566, C.E.P.R. Discussion Papers.
- Alex Edmans & Xavier Gabaix, 2015. "Executive Compensation: A Modern Primer," NBER Working Papers 21131, National Bureau of Economic Research, Inc.
- Arantxa Jarque, 2008. "CEO compensation : trends, market changes, and regulation," Economic Quarterly, Federal Reserve Bank of Richmond, vol. 94(Sum), pages 265-300.
- Page, T. Beau, 2018. "CEO attributes, compensation, and firm value: Evidence from a structural estimation," Journal of Financial Economics, Elsevier, vol. 128(2), pages 378-401.
- Yaowen Shan & Terry Walter, 2016. "Towards a Set of Design Principles for Executive Compensation Contracts," Abacus, Accounting Foundation, University of Sydney, vol. 52(4), pages 619-684, December.
- Yanhui Wu, 2011. "A Simple Theory of Managerial Talent, Pay Contracts and Wage Distribution," CEP Discussion Papers dp1067, Centre for Economic Performance, LSE.
- Kevin J. Murphy & Jan Zabojnik, 2006. "Managerial Capital And The Market For Ceos," Working Paper 1110, Economics Department, Queen's University.
- repec:hrv:faseco:34651704 is not listed on IDEAS
- Simona Catuogno & Sara Saggese & Fabrizia Sarto & Riccardo Viganò, 2016. "Shedding light on the aim of stock options: a literature review," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 20(2), pages 387-411, June.
- Michael L. Bognanno, 2010. "Executive Compensation: A Brief Review," DETU Working Papers 1002, Department of Economics, Temple University.
- Carola Frydman, 2008. "Learning from the Past: Trends in Executive Compensation over the Twentieth Century," CESifo Working Paper Series 2460, CESifo.
- Shue, Kelly & Townsend, Richard R., 2017. "Growth through rigidity: An explanation for the rise in CEO pay," Journal of Financial Economics, Elsevier, vol. 123(1), pages 1-21.
- Andrea Melis & Silvia Carta & Silvia Gaia, 2012. "Executive remuneration in blockholder-dominated firms. How do Italian firms use stock options?," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 16(3), pages 511-541, August.
- Custódio, Cláudia & Ferreira, Miguel A. & Matos, Pedro, 2013. "Generalists versus specialists: Lifetime work experience and chief executive officer pay," Journal of Financial Economics, Elsevier, vol. 108(2), pages 471-492.
- Stefania Albanesi & Claudia Olivetti & María José Prados, 2015.
"Gender and Dynamic Agency: Theory and Evidence on the Compensation of Top Executives,"
Research in Labor Economics, in: Solomon W. Polachek & Konstantinos Tatsiramos & Klaus F. Zimmermann (ed.), Gender in the Labor Market, volume 42, pages 1-59,
Emerald Publishing Ltd.
- Stefania Albanesi & Claudia Olivetti & Maria Jose Prados, 2015. "Gender and Dynamic Agency: Theory and Evidence on the Compensation of Top Executives," Working Papers 2015-004, Human Capital and Economic Opportunity Working Group.
- Stefania Albanesi & Claudia Olivetti & María José Prados, 2015. "Gender and dynamic agency: theory and evidence on the compensation of top executives," Staff Reports 718, Federal Reserve Bank of New York.
- Albanesi, Stefania & Olivetti, Claudia & Prados, Maria José, 2015. "Gender and Dynamic Agency: Theory and Evidence on the Compensation of Top Executives," CEPR Discussion Papers 10491, C.E.P.R. Discussion Papers.
- Keller, Wolfgang & Olney, William W., 2021.
"Globalization and executive compensation,"
Journal of International Economics, Elsevier, vol. 129(C).
- Wolfgang Keller & William W. Olney, 2017. "Globalization and Executive Compensation," NBER Working Papers 23384, National Bureau of Economic Research, Inc.
- Wolfgang Keller & William W. Olney, 2017. "Globalization and Executive Compensation," Department of Economics Working Papers 2017-04, Department of Economics, Williams College, revised Feb 2018.
- Wolfgang Keller & William W. Olney, 2017. "Globalization and Executive Compensation," CESifo Working Paper Series 6701, CESifo.
- Keller, Wolfgang & Olney, Will, 2017. "Globalization and Executive Compensation," CEPR Discussion Papers 12026, C.E.P.R. Discussion Papers.
- Miguel Anton & Florian Ederer & Mireia Gine & Martin Schmalz, 2016.
"Common Ownership, Competition, and Top Management Incentives,"
Cowles Foundation Discussion Papers
2046R, Cowles Foundation for Research in Economics, Yale University, revised Oct 2017.
- Antón, Miguel & Ederer, Florian & Gine, Mireia & Schmalz, Martin, 2018. "Common Ownership, Competition, and Top Management Incentives," CEPR Discussion Papers 12674, C.E.P.R. Discussion Papers.
- Miguel Antón & Florian Ederer & Mireia Giné & Martin C. Schmalz, 2016. "Common Ownership, Competition, and Top Management Incentives," CESifo Working Paper Series 6178, CESifo.
- Miguel Anton & Florian Ederer & Mireia Gine & Martin Schmalz, 2016. "Common Ownership, Competition, and Top Management Incentives," Cowles Foundation Discussion Papers 2046, Cowles Foundation for Research in Economics, Yale University.
- Martijn Cremers & Yaniv Grinstein, 2009. "The Market for CEO Talent: Implications for CEO Compensation," Yale School of Management Working Papers amz2385, Yale School of Management, revised 01 Sep 2009.
More about this item
Keywords
Executive compensation; wage distribution; Pareto distribution; wage inequality; assignment; incentives; pay performance sensitivity;All these keywords.
JEL classification:
- D2 - Microeconomics - - Production and Organizations
- D3 - Microeconomics - - Distribution
- G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
- J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs
NEP fields
This paper has been announced in the following NEP Reports:- NEP-BEC-2007-01-13 (Business Economics)
- NEP-LAB-2007-01-13 (Labour Economics)
Lists
This item is featured on the following reading lists, Wikipedia, or ReplicationWiki pages:- Xavier Gabaix in Wikipedia German
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:red:sed006:518. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: https://edirc.repec.org/data/sedddea.html .
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Christian Zimmermann (email available below). General contact details of provider: https://edirc.repec.org/data/sedddea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.