NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Some Unpleasant General Equilibrium Implications of Executive Incentive Compensation Contracts

John B. Donaldson, Natalia Gershun, Marc P. Giannoni

NBER Working Paper No. 15165
Issued in July 2009

---- Acknowledgements -----

The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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