It's Monday, the happiest day of the week! And it's all because NBER posts new working papers on Monday. There was lots of good stuff today, but this suggestion was especially interesting. From "The Value of Bosses":
Replacing a boss who is in the lower 10% of boss quality with one who is in the upper 10% of boss quality increases a team's total output by about the same amount as would adding one worker to a nine member team.
In equation form (apparently):
qt = f( Xt, α, b(djt/Nmt, d j t-1 / N m t-1 , ..., d j 0 / N m 0 ) ).
You gotta love the social sciences for their ability to make complicated-seeming equations out of anything.