Capping executive pay or targeting specific bonus recipients with taxes isn't a good idea. In fact its a very bad idea but it feels really damn good and the well is so poisoned by irresponsible behavior by the financial elite that its going to be hard to counter that.
We estimate the robustness reproducibility of key results from 17
non-experimental AER papers published in 2013 (8 papers) and 2022/23 (9
papers). We the...
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