Does Transparency Lead to Pay Compression?

This paper asks whether pay disclosure in the public sector changes wage setting at the top of the distribution. I examine a 2010 California mandate that required municipal salaries to be posted online. Among top managers, disclosure led to approximately 7 percent average compensation declines, and...

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Bibliographic Details
Published in:The Journal of political economy 2017-10, Vol.125 (5), p.1683-1721
Main Author: Mas, Alexandre
Format: Article
Language:English
Subjects:
2000-2013
Accountability
Cities
City managers
Compensation
Compression
Disclosure
Economic theory
Internet
Kalifornien
Political economy
Public sector
Studies
Transparency
Wage determination
Wages & salaries
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