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If we removed those incentives, companies would just give the rest to executives. https://www.epi.org/publication/ceo-compensation-surged-14-in-2019-to-21-3-mi
by wilde 5y ago
If we removed those incentives, companies would just give the rest to executives.
https://www.epi.org/publication/ceo-compensation-surged-14-in-2019-to-21-3-million-ceos-now-earn-320-times-as-much-as-a-typical-worker/ https://www.epi.org/publication/ceo-compensation-surged-14-i...
- savanaly 5y agoCould you expand on your model?
- wilde 5y agoSure, here’s an NBER paper that attempts to estimate this using state corporate tax cuts. https://www.nber.org/system/files/working_papers/w24598/w24598.pdf https://www.nber.org/system/files/working_papers/w24598/w245...
- therealdrag0 5y agoWhy? They still need to attract and compete for talent which is what all this song and dance is about.
- wilde 5y agoBecause the people making these decisions want to be paid more? The effect is relatively well studied. Here’s an NBER paper. https://www.nber.org/system/files/working_papers/w24598/w24598.pdf https://www.nber.org/system/files/working_papers/w24598/w245...