result of powerful managers setting their own pay. Others interpret high pay as the result of optimal contracting in a …

Incentive compensation induces correlation between the portfolio of managers and the cash flow of the firms they manage …. This correlation exposes managers to risk and hence gives them an incentive to hedge against the poor performance of their …

reduced reliance on intuitions. In none of the tasks are very high stakes sufficient to de-bias participants, or come even … close to doing so. These results contrast with expert predictions that forecast larger performance improvements …

This paper provides new evidence on gender bias in teaching evaluations. We exploit a quasi-experimental dataset of 19 … women receive systematically lower teaching evaluations than their male colleagues. This bias is driven by male students …' evaluations, is larger for mathematical courses and particularly pronounced for junior women. The gender bias in teaching …

We examine partisan bias in inflation expectations. Our dataset includes inflation expectations of the New York Fed … based on how partisans respond to changes in the White House's occupant (partisan bias). The results also corroborate the …

-frequency interest rate changes around FOMC announcements, and consensus survey forecast errors for the ten-year Treasury yield. The …-term Treasury yields starting in late 2020. The connection between skewness, survey forecast errors, excess returns, and departures …