As banks, securities houses, and insurance companies offer increasingly similar services, how have their human resource needs changed? An analysis of survey data reveals that all three industries have come to rely more heavily on high-skilled labor; however, the educational and occupational...

The author analyzes data from survey responses of nonunion workers involved in 29 NLRB representation elections in 1972 and 1973 to test the hypotheses (1) that skill-homogeneous groups of workers are more readily organized than are still-heterogeneous groups and (2) that the workers in an...

Bank lending traditionally involves the extension of credit that is held by the originating bank until maturity. Loan sales allow banks to deviate from this pattern by transferring loans in part or in their entirety from their own books to those of another institution. This paper uses a new...

The literature on executive compensation at banks has proceeded largely under the assumption that a single elasticity can adequately describe the sensitivity of executive pay to firm performance, but theories of performance based pay and tournament pay suggest that this assumption may be...

The author analyzes data from survey responses of nonunion workers involved in 29 NLRB representation elections in 1972 and 1973 to test the hypotheses (1) that skill-homogeneous groups of workers are more readily organized than are still-heterogeneous groups and (2) that the workers in an...