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Executive compensation: a calibration approach
Joseph Haubrich () and
Ivilina Popova
No 9416, Working Paper from Federal Reserve Bank of Cleveland
Abstract:
A study that uses principal-agent theory to produce quantitative predictions about executive compensation, showing that observed incentives closely match optimal predicted incentives.
Keywords: Executives ; - ; Salaries (search for similar items in EconPapers)
Date: 1994
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Related works: Journal Article: Executive compensation: a calibration approach (1998) This item may be available elsewhere in EconPapers: Search for items with the same title.
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