Working Paper
A simple model of bank employee compensation
Abstract: This paper considers the question, Does the limited liability associated with banking make it necessary for a government to regulate bank employee compensation? It attempts to shed light on this question by considering a mechanism design framework.
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File(s): File format is application/pdf http://www.minneapolisfed.org/publications_papers/pub_display.cfm?id=4343
Authors
Bibliographic Information
Provider: Federal Reserve Bank of Minneapolis
Part of Series: Working Papers
Publication Date: 2009
Number: 676