Pay Gap Among Executives and Firm Value

Firm-Level Monopsony and the Gender Pay Gap

Firm-Level Monopsony and the Gender Pay Gap Using a dynamic labor supply model and linked employer-employee data, I find evidence of substantial search frictions, with females facing a higher level of frictions than males. However, the majority of the gender gap in labor supply elasticities is driven by across firm sorting rather than within firm differences, a feature predicted in the search t...

Career Attainment among Healthcare Executives: Is the Gender Gap Narrowing?

Health care occupations are expected to be among the fastest growing professions in the next ten years. With such incredible growth expected in employment and wages, and with women’s participation in the industry remaining strong, are women in the health care industry, particularly those in health care administration, experiencing a narrowing of the gender gap? This paper briefly reviews variou...

Performance-Support Bias and the Gender Pay Gap among Stockbrokers

Organizational mechanisms, and their contexts, leading to gender inequality among stockbrokers in two large brokerages are analyzed. Inequality is the result of gender differences in sales, as both firms use performancebased pay, paying entirely by commissions. This paper develops and tests whether performance-support bias, whereby women receive inferior sales support and sales assignments, cau...

What Death Can Tell: Are Executives Paid for Their Contributions to Firm Value?

An efficient managerial labor market should compensate executives according to their contribution to shareholder value. We provide novel empirical evidence about the relationship between executive pay and managerial contribution to value by exploiting the exogenous variation resulting from stock price reactions to sudden deaths. We find, first, that the managerial labor market is characterized ...

The Gender Pay Gap