Anderson, Ronald W.; Jõveer, Karin - 2024
We study the evolution of pay in US bank holding companies since 1986 using a structural model of the banking firm. The … banking sector and on three characteristics of bankers' pay: labor's share of bank value-added, the level of bankers' pay and … its sensitivity to bank performance. We then calibrate the structural model that we have introduced to see if it can …
