Bonus Season: A Theory of Periodic Labor Markets and Coordinated Bonuses
Published Online:9 Feb 2022https://doi.org/10.1287/mnsc.2021.4076
References
- (2015) Wall Street occupations. J. Finance 70(5):1949–1996.Crossref, Google Scholar
- (2013) Bankers and their bonuses. Econom. J. 124(574):F1–F21.Google Scholar
- (2015)‘Since you’re so rich, you must be really smart’: Talent and the finance wage premium. Sveriges Riksbank Working Paper No. 313, University of Bonn.Google Scholar
- (1990) Equilibrium models displaying endogenous fluctuations and chaos: A survey. J. Monetary Econom. 25(2):189–222.Crossref, Google Scholar
- (2016) Wages and human capital in finance: International evidence, 1970–2005. Rev. Finance 22(2):699–745.Google Scholar
- (2014) Managerial ownership and employee risk-bearing. Working paper, Santa Clara University.Google Scholar
- (2019) Returns to talent and the finance wage premium. Rev. Financial Stud. https://www.hbs.edu/faculty/Pages/item.aspx?num=56187.Google Scholar
- (2002) Estimating the value of employee stock option portfolios and their sensitivities to price and volatility. J. Accounting Res. 40(3):613–630.Crossref, Google Scholar
- (2017) Executive compensation: A survey of theory and evidence. The Handbook of the Economics of Corporate Governance, vol. 7 (Elsevier), 383–539.Google Scholar
- (2012) Dynamic CEO compensation. J. Finance 67(5):1603–1647.Crossref, Google Scholar
- (2019) Bank bonus pay as a risk sharing contract. Working paper, HEC Paris. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3202916##.Google Scholar
- (2015) Subjective evaluations: Discretionary bonuses and feedback credibility. Amer. Econom. J. Microeconom. 7(1):99–108.Crossref, Google Scholar
- (2016) Compensating financial experts. J. Finance 71(6):2781–2808.Crossref, Google Scholar
- (2012) Financial expertise as an arms race. J. Finance 67(5):1723–1759.Crossref, Google Scholar
- (2013) Endogenous credit cycles. J. Political Econom. 121(5):940–965.Crossref, Google Scholar
- (2017) Superstar (and entrepreneurial) engineers in finance jobs. Working paper, University of Indiana.Google Scholar
- (2009) Inefficient unemployment dynamics under asymmetric information. J. Political Econom. 116(4):667–708.Crossref, Google Scholar
- (2017) Key human capital. J. Financial Quant. Anal. 52(1):175–214.Crossref, Google Scholar
- (2010) Wall Street and Main Street: What contributes to the rise in the highest incomes? Rev. Financial Stud. 23(3):1004–1050.Crossref, Google Scholar
- (1953) Two-person cooperative games. Econometrica 21(1):128–140.Crossref, Google Scholar
- (2015) Impatience versus incentives. Econometrica 83(4):1601–1617.Crossref, Google Scholar
- (2004) Why do firms use incentives that have no incentive effects? J. Finance 59(4):1619–1649.Crossref, Google Scholar
- (2013) The timing of pay. J. Financial Econom. 109(2):373–397.Crossref, Google Scholar
- (2001) Looking into the black box: A survey of the matching function. J. Econom. Literature 39:390–431.Crossref, Google Scholar
- (2012) Wages and human capital in the U.S. finance industry: 1909–2006. Quart. J. Econom. 127(4):1551–1609.Crossref, Google Scholar
- (2005) Search-theoretic models of the labor market: A survey. J. Econom. Literature 43:959–988.Crossref, Google Scholar
- (2004) Wage-tenure contracts in a frictional labour market: Firms’ strategies for recruitment and retention. Rev. Econom. Stud. 71(2):535–551.Crossref, Google Scholar
- (2010) Pay (be)for(e) performance: The signing bonus as an incentive device. Rev. Financial Stud. 23(10):3812–3848.Crossref, Google Scholar
- (2014) The prevention of excess managerial risk taking. J. Corporate Finance 29(C):579–593.Crossref, Google Scholar
- (1995) Do corporations award CEO stock options effectively? J. Financial Econom. 39(2–3):237–269.Google Scholar

