Executive Compensation: A New View from a Long-Term Perspective, 1936-2005

Carola Frydman, Raven E. Saks

NBER Working Paper No. 14145
Issued in June 2008

---- Acknowledgements ----

We would like to thank George Baker, Edward Glaeser, Claudia Goldin, Caroline Hoxby, Lawrence Katz, and Robert Margo for their advice and encouragement throughout this project. Very helpful comments have also been received from Doug Elmendorf, Eric Hilt, Antoinette Schoar, Dan Sichel, and seminar participants at the DAE NBER meetings, AEA meetings, AFA meetings, and EHA meetings. We would also like to thank the staff at the Historical Collections and Danielle Barney of Baker Library for making the data collection possible and Brian Hall and Jeff Liebman for providing us with their data. Yoon Chang, Yao Huang, Michele McAteer, Timothy Schwuchow, James Sigel, and Athanasios Vorvis provided outstanding research assistance. We gratefully acknowledge financial support from the Economic History Association, the Multidisciplinary Program in Inequality & Social Policy at Harvard University, and the National Science Foundation's Dissertation Completion Fellowship. The views in this paper do not necessarily reflect those of the Board of Governors of the Federal Reserve System, its staff, or the National Bureau of Economic Research.

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