"We provide evidence from the US and 𝗗𝗲𝗻𝗺𝗮𝗿𝗸 suggesting that CEOs with business-school degrees [...] have significantly reduced wage growth and the share of labor."
Something to discuss with my
@CBScph
students.
For at vise at det er drevet af treatment frem for selvselektion (dvs. at bestemte typer søger til CBS) undersøger de danske studerende der afslutter gymnasiet samtidig (!). Interessant at tænke på hvilke gymnasier der er i tale (og om det egentlig er udtryk for randomisering?)2/
@PHuenermund
@CBScph
Wouldn’t Occam’s razor suggest that business schools make managers better at identifying when they are overpaying? The whole point of lean manufacturing is cutting unnecessary costs, why wouldn’t this extend to labor costs?