Are Executives Earning It? How Product Market Competition Shapes Executives’ Pay

April 14, 2018April 11, 2018

Are Executives Earning It? How Product Market Competition Shapes Executives’ Pay

The pay of CEOs and other top executives has been the focus of academic and policy debates given its sharp increase in recent decades. A key question for many is whether executive pay is linked to the performance of the firms they manage. In a new paper, Ana P. Fernandes (University of Exeter), Priscila Ferreira (University of Minho), and L. Alan Winters (University of Sussex) explore how performance-related pay is affected by the level of competition in the markets that firms sell in.
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September 29, 2017October 10, 2017

Missing Work Is a Pain

When a popular drug is pulled from the market, what happens to those who suffer from chronic pain? Researchers find that removing Vioxx due to safety concerns left many unable to work.

Medical technology has improved dramatically, yet we know little about the impacts of medical innovation on the productivity and labor supply of workers. Continue reading “Missing Work Is a Pain”

August 9, 2017April 9, 2018

What Works in the Long Run? Apprenticeships or General Education?

Inside Higher Ed story “Importing Apprenticeships” cites a JHR paper that investigates the payoffs and tradeoffs of more job focused education. Continue reading “What Works in the Long Run? Apprenticeships or General Education?”