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Employee Bargaining Power, Inter-Firm Competition, and Equity-Based Compensation

Francesco Bova, Liyan Yang   Jul 06,2018

Working Paper No.00036-00

We develop a model to illustrate that equity-based compensation for non-executive employees and product market decisions are related. When... Read More

Screening and Adverse Selection in Frictional Markets

Benjamin Lester,Ali Shourideh,Venky Venkateswaran, Ariel Zetlin-Jones   Jul 06,2018

Working Paper No.00038-00

We incorporate a search-theoretic model of imperfect competition into an otherwise standard model of asymmetric information with unrestricted contracts.... Read More

Rational-expectations whiplash

Efstathios Avdis, Masahiro Watanabe,Efstathios Avdis, Masahiro Watanabe, Efstathios Avdis   Mar 15,2017

Working Paper No.00019-00

We present a financial market with investors who have nested private information. Small perturbations of price informativeness, originating from fat-finger... Read More

An Equilibrium Model of Housing and Mortgage Markets with State-Contingent Lending Contracts

Alexei Tchistyi , Tomasz Piskorski   Dec 28,2017

Working Paper No.00017-00

We develop a tractable general equilibrium framework of housing and mortgage markets with aggregate and idiosyncratic risks, costly liquidity and... Read More

Competition for Talent under Performance Manipulation

Ivan Marinovic , Paul Povel   Jul 08,2018

Working Paper No.00041-00

We study the effects of introducing competition for CEOs, assuming that the talent of CEOs is not observable and... Read More

Published: Journal of Accounting and Economics, 2017, 64(1), 1-14

Competition for Talent under Performance Manipulation

Ivan Marinovic , Paul Povel   Jul 08,2018

Working Paper No.00041-00

We study the effects of introducing competition for CEOs, assuming that the talent of CEOs is not observable and... Read More

Published: Journal of Accounting and Economics, 2017, 64(1), 1-14

Competition for Talent under Performance Manipulation

Ivan Marinovic , Paul Povel   Jul 08,2018

Working Paper No.00041-00

We study the effects of introducing competition for CEOs, assuming that the talent of CEOs is not observable and... Read More

Published: Journal of Accounting and Economics, 2017, 64(1), 1-14

Competition for Talent under Performance Manipulation

Ivan Marinovic , Paul Povel   Jul 08,2018

Working Paper No.00041-00

We study the effects of introducing competition for CEOs, assuming that the talent of CEOs is not observable and... Read More

Published: Journal of Accounting and Economics, 2017, 64(1), 1-14

Competition for Talent under Performance Manipulation

Ivan Marinovic , Paul Povel   Jul 08,2018

Working Paper No.00041-00

We study the effects of introducing competition for CEOs, assuming that the talent of CEOs is not observable and... Read More

Published: Journal of Accounting and Economics, 2017, 64(1), 1-14

Competition for Talent under Performance Manipulation

Ivan Marinovic , Paul Povel   Jul 08,2018

Working Paper No.00041-00

We study the effects of introducing competition for CEOs, assuming that the talent of CEOs is not observable and... Read More

Published: Journal of Accounting and Economics, 2017, 64(1), 1-14