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文章基本信息

  • 标题:Extreme Wage Inequality: Pay at the Very Top
  • 本地全文:下载
  • 作者:Brian Bell, John Van Reenen
  • 期刊名称:CEP Occasional Paper
  • 出版年度:2013
  • 卷号:2013
  • 出版社:Centre for Economic Performance, London School of Economics and Political Science
  • 摘要:We provide new evidence on the growth in pay at the very top of the wage distribution in the UK. Sectoral decompositions show that workers in the financial sector have accounted for the majority of the gains at the top over the last decade. New results are also presented on the pay of CEOs in the UK. We show how improved measurement of pay points to a stronger pay-performance link than previously estimated. This link is stronger, and more symmetric, for those firms in which institutional investors play a larger role.
  • 关键词:wage inequality; firm performance; CEO compensation; performance pay; management
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