From Tyler Cowen:
1. In Danish data, if a CEO's child dies, the value of that CEO's company falls by one-fifth in the following two years.
2. If a CEO's wife dies, the value of that CEO's company falls by fifteen percent.
3. If a CEO's mother-in-law dies, the value of that CEO's company rises slightly.
The moral is simple: grief is debilitating, or at least distracting. Read the original paper here.
More like this
If you read my previous post on CEO salary cap, check out Jim Manzi's thoughts.
The AFL-CIO has a very interesting website site that calculates how much CEOs are paid relative to the average U.S. worker.
Whether we want to admit to it or not, women, on average, get paid less than men do.
Heh. You got blurbed over at Tyler Cowen.
You touch economics, he touches Proust.