Word: oyer
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Dates: during 2000-2009
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...United for a Fair Economy. Those CEOs got an average 46% raise, to $10.4 million, while CEO compensation at a broader swath of companies averaged a 9% jump, to $8.1 million, suggesting that CEOs personally benefit when companies hire cheaper workers abroad. "It's a flashy finding," says Paul Oyer, associate professor of economics at the Stanford Graduate School of Business. "But these are two separate issues, and there's no reason to think they're related." In fact, a 1998 study by University of Illinois at Urbana-Champaign economist Kevin Hallock, published in the American Economic Review, found...