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The top to average pay gap has been growing both within most countries and between them, within and between industries, between executives and workers, and among executives themselves. Still, the question remains: what has led to this widening gap since the early 1980s? While the most popular explanation may be the undue influence of greedy CEOs on corrupt boards, it cannot be the whole story. The trend, dubbed "Star effect," also surfaces in other areas, such as the earnings of recording artists and baseball players.
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