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Executive compensation and stock options : an inconvenient truth

Danthine, Jean-Pierre; Donaldson, John B. - 2008

Persistent link: https://www.econbiz.de/10003740959

Dur, Robert A. J.; Schmittdiel, Heiner - 2015

Inspired by a recent observation about an online retail company, this paper explains why a firm may find it optimal to offer an exit bonus to recent hires so as to induce self-selection. We study a double adverse selection problem, in which the principal can neither observe agents’ commitment...

Persistent link: https://www.econbiz.de/10011405134

Executive compensation : six questions that need answering

Abowd, John M.; Kaplan, David Scott - 1999

Persistent link: https://www.econbiz.de/10001388180

From public monopsony to competitive market : more efficiency but higher prices

Delfgaauw, Josse; Dur, Robert A. J. - 2003

This paper examines the consequences of creating a fully competitive market in a sector previously dominated by a cost-minimising public firm. Workers in the economy are heterogeneous in their motivation to work in the sector. In line with empirical findings, our model implies that firms in the...

Persistent link: https://www.econbiz.de/10011404420

Labor unemployment risk and ceo incentive compensation

Ellul, Andrew; Wang, Cong; Zhang, Kuo - 2016

Persistent link: https://www.econbiz.de/10011586763

Bonus question : how does flexible incentive pay affect wage rigidity?

Gaur, Meghana; Grigsby, John; Hazell, Jonathon; Ndiaye, … - 2024

response of unemployment in our incentive pay model calibrated to strongly procyclical wages. …We introduce dynamic incentive contracts into a model of inflation and unemployment dynamics. Our main result is that … wage cyclicality from incentives neither affects the slope of the Phillips curve for prices nor dampens unemployment …

Persistent link: https://www.econbiz.de/10015046287