| dc.contributor.advisor | Dra. Sonia Beatriz Di Giannatale Megalli |
| dc.creator | Basulto Mejía, Genaro |
| dc.date.issued | 2022 |
| dc.identifier | 170590.pdf |
| dc.identifier.uri | http://hdl.handle.net/11651/5241 |
| dc.description.abstract | Drawing from a dynamic principal-agent model characterized by a state variable given by the agent’s initial bargaining power and by a law of motion that governs the changes of their bargaining power, we introduce a fat tail distribution for the productivity possibilities in order to study heterogeneity in CEO compensations by analysing firm and industry-level characteristics. Through a numerical exercise, we find that the productivity possibilities determine CEOs’ compensation size and distribution, but once this is determined, the bargaining dynamics within the firm shape the evolution of this compensation. We also present evidence that our model can describe to a good extent compensation behaviours observed in data |
| dc.format | application/PDF |
| dc.language.iso | eng |
| dc.publisher | El Autor |
| dc.rights | Con fundamento en los artículos 21 y 27 de la Ley Federal del Derecho de Autor y como titular de los derechos moral y patrimonial, otorgo de manera gratuita y permanente al Centro de Investigación y Docencia Económicas, A.C. y a su Biblioteca autorización para que fije la obra en cualquier medio, incluido el electrónico, y la divulguen entre sus usuarios, profesores, estudiantes o terceras personas, sin que pueda percibir por tal divulgación una contraprestación. |
| dc.subject.lcsh | Chief executive officers -- Wages -- Effect of negotiation on -- United States -- 2001-2018 -- Mathematical models. |
| dc.subject.lcsh | Chief executive officers -- Salaries, etc. -- United States. |
| dc.subject.lcsh | Incentives in industry -- United States. |
| dc.title | Bargaining power dynamics: fat tail distribution análisis |
| dc.type | Tesis de maestría |
| dc.accessrights | Acceso abierto |
| dc.recordIdentifier | 000170590 |
| dc.rights.license | Creative Commons Reconocimiento-NoComercial-SinObraDerivada 4.0 Internacional CC BY-NC-ND |
| thesis.degree.grantor | Centro de Investigación y Docencia Económicas |
| thesis.degree.name | Maestría en Economía |
| dc.proquest.rights | Yes |
