Two of our PhD alums, Cristian Dezso and David Ross, got a nice mention in the WSJ Real Time Economics blog. To quote from the article, their research shows:
The gender of a male CEO’s children — particularly his first-born — can significantly affect the salary of his employees. … [They] also found that a male CEO’s own wages rise 6.3% after the birth of a son and 3.5% after the birth of a daughter.
Seems a little fluffy to me, but then I thought the same of Freakonomics — and look what a hit that was. Either way, it’s great to see Cristian and David getting noticed for their work.
Update (Jan 18): more.
January 8, 2013 at 10:39 pm
Is the data normalized for illegitimacy?