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Title:The wage incentive to management: A comparison across European economies PDF Logo
Authors:Biagetti, Marco
Leonida, Leone
Scicchitano, Sergio
Issue Date:2012
Series/Report no.:Working Paper // School of Economics and Finance, Queen Mary, University of London 687
Abstract:We define the wage incentive to management as the wage premium the manager earns because of his/her supervising role. We adopt an approach based on what if questions and estimate the premium at different quantiles of the distribution of wages for 26 European economies. To ease comparisons we make use of the European Union Statistics on Income and Living Conditions inquiry released in 2009. The premium is found to be higher at the right tail of the distribution of wages, suggesting that the incentive to management differs across individuals at different quantiles of the distribution within each economy. Results also suggest that the premium differs across individuals located at the same quantiles of the distribution of different economies.
Subjects:distribution of wages
incentives to management
semiparametric methods
JEL:C14
J31
J41
Document Type:Working Paper
Appears in Collections:Working Paper Series, School of Economics and Finance, Queen Mary, University of London

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