Rethinking Measurement of Pay Disparity and Its Relation to Firm Performance Available to Purchase

I am indebted to two anonymous referees and Sonja Olhoft Rego (editor) for their thoughtful comments. I also am grateful for the support of my dissertation committee: Dan Amiram, Fabrizio Ferri (co-chair), Trevor Harris (co-chair), Shiva Rajgopal, and Nachum Sicherman. Bureau of Labor Statistics employees Jessica Helfand, Michael LoBue, and Michael Soloy provided vital assistance with data. I benefited from the comments of Rob Brown, John Campbell (discussant), Elizabeth Handwerker, Jaewoo Kim, Mark Lowenstein, Suraj Srinivasan, Ryan Wilson, Ric Wise, and workshop participants at Baruch College–CUNY, Boston College, the Bureau of Labor Statistics Office of Employment and Unemployment Statistics, Columbia University Business School, Emory University, Georgetown University, Harvard University Business School, Indiana University, The Ohio State University, Rochester University, Stanford University, University of California, Los Angeles, University of Colorado, University of Illinois at Chicago, University of Michigan, University of Minnesota, The University of North Carolina, and Yale University School of Management. I also am thankful for financial support from the Deloitte Foundation, the W. Edwards Deming Center, the Institute of Management Accountants Research Foundation, and the Paul and Sandra Montrone Doctoral Fellowship.

This research was conducted with restricted access to Bureau of Labor Statistics (BLS) data. The views expressed here do not necessarily reflect the views of the BLS or the U.S. Government.

Editor's note: Accepted by Sonja Olhoft Rego.