Medicare and Social Security in determining job exit rates at age 65. Of central importance is whether individuals value health … medical expenses. To address this problem the model accounts explicitly for the effects of health cost volatility and health … individuals can self-insure against health cost shocks. Self-insurance potentially reduces an individual's valuation of health …

-based component of bank CEO compensation contracts. We also examine the relationships between equity- based compensation and risk …, the equity- based component of bank CEO compensation increases significantly on average for the industry. Additionally, we … these relationships become more powerful in our post- deregulation period"--Federal Reserve Bank of Chicago web site …