How Bonuses for Senior Managers Led to More Pay Inequality

Research from Professor Melanie Wallskog showed that performance-based bonuses drive the pay gap within companies

Year-end bonuses for CEOs and top managers may explain a significant amount of the rise in wage inequality in the last 40 years. In a new working paper posted by the National Bureau of Economic Research, Melanie Wallskog, an assistant professor of finance at Duke University’s Fuqua School of Business, found that since the… read more