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Anecdotal evidence suggests that uncontrolled managers let wages rise above competitive levels.
Testing this popular perception has proven difficult, however, because independent variation in the
extent of managerial discretion is needed. In this paper, we use states’ passage of anti-takeover

This paper uses aggregate birth year/calendar year level data derived
from the Current Population Survey (CPS) to estimate the effect of Social
Security wealth on the labor supply of older men in the l970s and 1980s.
The analysis focuses on…

Theodor Fontane (1819-1898) was one of Germany's first freelance authors to make a living by his pen under the conditions of early mass media. A tireless producer of texts in a variety of genres, from novels and novellas to newspaper…