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Does Transparency Lead to Pay Compression?

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NBER2014-10-01 更新2025-01-04 收录
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This paper asks whether pay disclosure in the public sector changes wage setting at the top of the public sector distribution. I examine a 2010 California mandate that required municipal salaries to be posted online. Among top managers, disclosure led to approximately 7 percent average compensation

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2014-10-01
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