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Power Laws, CEO Compensation, and Inequality
CEO compensation, top incomes, and the net worth of the richest Americans have been increasing rapidly over the last thirty years. We hypothesize that the trends in CEO compensation have been caused by the same economy-wide ...
Financial Industry Diversification: An Empirical Analysis
This paper uses a quantitative approach to determine whether or not diversified financial institutions perform better than specialized financial institutions for shareholders. It aims to identify whether or not economies ...