Why Has CEO Pay Increased So Much?

Gabaix, X., & Landier, A. (2008). Why Has CEO Pay Increased So Much?. Quarterly Journal of Economics, 123(1), 49-100.

Type

Journal article

Intellectual base

Primary research

Year

2008

Volume

123

Issue

1

Pages

49-100

DOI

10.1162/qjec.2008.123.1.49

DOI registrant

Oxford University Press

Link

https://doi.org/10.1162/qjec.2008.123.1.49

Cited from

economics_finance

Cited by

1 citation across 1 artifact.

Each citation links to the sentence it supports in the citing article.

Primes

• Winner Take All Market
  • In executive compensation, pay relative to the next tier has grown faster than measurable skill differentials, plausibly reflecting tournament-style convexity.

    This sourceModels executive pay via competitive assignment in which small talent differences map to large pay differences scaling with firm size.

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