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Executive Compensation in Municipalities

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Show full item recordAuthor
Goldstein, Gerald S.; Ehrenberg, Ronald G.
Abstract
[Excerpt] In this paper we are concerned with the salaries of three important municipal officials; city-managers, police chiefs, and fire chiefs. We present a model that relates the salaries of these officials to a set of explanatory variables, the most important being measures associated with job performance. Two of these measures of performance are developed in the study. Further, the influence of the city-manager form of government on the incentive structure facing police chiefs and fire chiefs, and the interdependence betwen the salaries of police chiefs and fire chiefs is investigated. The model is tested using cross-section data for 1967.
Date Issued
1976-07-01Subject
compensation; municipal officials; performance; incentive
Rights
Required Publisher Statement: © Southern Economic Association. Reprinted with permission. All rights reserved.
Type
unassigned