Incentive Pay and Bank Risk-taking: Evidence from Austrian, German, and Swiss Banks

Matthias Efing, Harald Hau, Patrick Kampkötter & Johannes Steinbrecher
Published Date
Copyright 2015
DOI 10.1016/j.jinteco.2014.12.006
CONFERENCE HELD June 27-28, 2014
Book: NBER International Seminar on Macroeconomics 2014
Book organizers: Richard Clarida, Jeffrey Frankel, Francesco Giavazzi & Hélène Rey
PUBLISHER: Journal of International Economics, 96(S1)
Series: NBER International Seminar on Macroeconomics

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Microeconomics
Households and Firms
Financial Economics
Financial Institutions
Corporate Finance

Published From Paper

Incentive Pay and Bank Risk-Taking: Evidence from Austrian, German, and Swiss Banks
- Working Paper
We use payroll data on 1.2 million bank employee years in the Austrian, German, and Swiss banking sector to identify...

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