Wage - Publications - Faculty & Research

01 May 2006
Research & Ideas

What Companies Lose from Forced Disclosure

that performance measure look more favorable. Surprisingly, this extra work can be dysfunctional from a firm's perspective, especially when labor markets are most competitive. In a hot labor market, a firm will lose employees to its competitors unless it meets the... View Details

Keywords: by Ann Cullen; Financial Services

08 Jul 2014
First Look

First Look: July 8

attracting and retaining more profitable customers over time. Download working paper: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1759545 When 3+1>4: Gift Structure and Reciprocity in the Field By: Gilchrist, Duncan, Michael Luca, and Deepak Malhotra... View Details

Keywords: Carmen Nobel

06 Feb 2018
First Look

First Look at New Research and Ideas: February 6, 2018

history? American Capitalism presents a sampling of cutting-edge research from prominent scholars. These broad-minded and rigorous essays venture new angles on finance, debt, and credit; women’s rights; slavery and political economy; the racialization of capitalism;... View Details

10 Oct 2017
First Look

First Look at New Research and Ideas, October 10, 2017

flow of small business credit fell, interest rates rose, fewer businesses expanded, unemployment rose, and wages fell from 2006 to 2010. While the flow of credit recovered after 2010 as other lenders slowly filled the void, interest rates... View Details

Keywords: Sean Silverthorne

25 Feb 2020
Research & Ideas

For Migrant Workers, Homesickness Can Reduce Productivity

together" “These psychological costs of moving are really important because, if you think about it, if you get career benefits and, in many cases, a wage increase from moving, what might be holding people back is their attachment to... View Details

Keywords: by Kristen Senz

11 Dec 2018
Research & Ideas

Free Trade Needs Nurturing—and Other Lessons from History

explosion of trade and capital flows created a world that looked in many ways like ours. Yet even in the early 20th century, there remained tensions of increasing inequality and wage competition in a context of ruthless international... View Details

Keywords: by Staff; Auto; Aerospace; Chemical; Consumer Products; Electronics; Energy; Industrial Products; Manufacturing; Shipping; Transportation

03 Nov 2016
Op-Ed

Forget About Making College Affordable; Make it a Good Investment

about $29,000, or about two years’ worth of the average young college graduate’s wage premium over a high school grad. A course of study and internships that lead to a college-level job usually will yield returns sufficient to prevent... View Details

Keywords: by Joseph Fuller; Education

Web

Buy Now, Pay Later: The Secondary Credit Market

people in industrializing societies to get themselves into debt. At the same time, waged employment in booming nineteenth-century cities created a class of borrowers who lacked the social networks necessary for older types of neighborly... View Details

03 Apr 2006
What Do You Think?

Has Globalization Reached Its Peak?

are lost and wages reduced for U.S. citizens and legal immigrants or whether immigrants of any stripe help lower costs for all kinds of goods and services. Some would argue that more fluid labor markets, increased outsourcing, and the... View Details

Keywords: by James Heskett

09 Jan 2019
Research & Ideas

The UK Needs a Bold Strategy Around Competition to Survive Brexit

UK has failed to grasp the regional approach to development that has been so important to success in other economies,” Porter argues. Slow growth and low wages are primarily the result of regional competitive weaknesses, which have offset... View Details

Keywords: by Michael Blanding

November 2006
Article

The Flattening Firm: Evidence from Panel Data on the Changing Nature of Corporate Hierarchies

By: Raghuram G. Rajan and Julie Wulf

Using a detailed database of managerial job descriptions, reporting relationships, and compensation structures in over 300 large U.S. firms, we find that firm hierarchies are becoming flatter. The number of positions reporting directly to the CEO has gone up... View Details

Keywords: Geographic Location; Change; Business Ventures; Compensation and Benefits; Rank and Position; Wages; Motivation and Incentives; Organizational Change and Adaptation; Jobs and Positions; United States

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04 Jan 2021
What Do You Think?

How Do We Sustain Organization Diversity?

low-wage workers.” Another point of view rejects the notion that such a competition exists. David Wittenberg commented, “Workers don’t ‘compete for your profits,’ they contract to provide services for a wage shareholders have the right to... View Details

Keywords: by James Heskett

Web

FAQ - U.S. Competitiveness

remain low. The meager job creation that has occurred in the last two decades has been overwhelmingly in local industries, not those facing international competition. Labor force participation in America peaked in 1997 and has now fallen to levels not seen in three... View Details

01 Apr 2000
News

Q & A: A Conversation with IRS Chief Charles Rossotti

individual taxpayers with wage and investment income; small business and self-employed taxpayers; large business taxpayers; and exempt organizations, such as nonprofits and state and local governments. Each unit will focus on... View Details

Keywords: Garry Emmons

27 Apr 2009
Research & Ideas

Building Businesses in Turbulent Times

more, inflation-adjusted wages stalled for many, even as consumer spending increased. Where did the money for all this spending come from? Companies borrowed, governments borrowed, and families borrowed. Savings rates approached zero.... View Details

Keywords: by Staff

03 Mar 2003
Research & Ideas

The Ingredients of a Deal Disaster

underlying social contract. A second union was quickly organized, and it took a far more adversarial approach, demanding higher wages and insisting on job guarantees. Local suppliers saw the company as untrustworthy and refused to do... View Details

Keywords: by Ron S. Fortgang, David A. Lax & James K. Sebenius

21 May 2018
Blog Post

Harnessing The Power of Collaboration to Create Opportunity in Chicago

producing pre-tax wages of nearly $25 million. Chicago food entrepreneurs face obstacles that limit their ability to start and grow businesses. Specifically, they lack access to affordable, food grade production space, high quality... View Details

Keywords: Nonprofit / Government

01 Mar 2018
News

March 2018 Alumni and Faculty Books

industrial wage workers; and the production of knowledge, including the idea of the economy, among other topics. Together, they suggest emerging themes in the field: a fascination with capitalism as it is made by political authority, how... View Details

08 Dec 2008
Research & Ideas

Thinking Twice About Supply-Chain Layoffs

distribution centers with the goal of improving operational performance and ultimately increasing profits and wages and offering a better work environment. The answer from my heart is that I would like to help improve the working... View Details

Keywords: by Julia Hanna; Retail

01 Sep 2020
News

Navigating the Populism Phenomenon

such as workers facing decreased wages or losing their jobs. RDT: The elite, in general, have overclaimed the advantages of economic globalization. For example, in trade, globalization is potentially helpful for everyone, but for that to... View Details

Keywords: April White

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