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Eclipse of Rent-Sharing: The Effects of Managers' Business Education on Wages and the Labor Share in the US and Denmark

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NBER2022-03-01 更新2025-01-04 收录
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This paper provides evidence from the US and Denmark that managers with a business degree (business managers) reduce their employees' wages. Within five years of the appointment of a business manager, wages decline by 6% and the labor share by 5 percentage points in the US, and by 3% and 3

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2022-03-01
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