Is executive salary, or a part of it, rent from an economic point of view? And if so, how can the rent component in that salary be determined? I'm asking this question because a mainstream economist I'm working with argued that exec's salary can actually reflect the exec's worth (i.e. what he, rarely she, produces). Since the productivity of an exec (or for that matter, any white collar worker) cannot be directly measured -- how can such a position be intelligently rebutted? regards, wojtek sokolowski institute for policy studies johns hopkins university baltimore, md 21218 [EMAIL PROTECTED] voice: (410) 516-4056 fax: (410) 516-8233
