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~subject:"Moral hazard"
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Optimal bonuses and deferred pay for bank employees : implications of hidden actions with persistent effects in time
Jarque, Arantxa
;
Prescott, Edward S.
-
Federal Reserve Bank of Richmond
-
2010
asymmetric
information
have important implications for the characteristics of optimal pay, and that persistence does not …
Persistent link: https://www.econbiz.de/10008764359
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