Samsung Electronics performance bonus system under fire
Professor Emeritus Bengt Holmstrom said: "It is an unsustainable st
Professor Emeritus Bengt Holmstrom said: "It is an unsustainable st
Research scientist Christian Catalini wrote: "The critical co
Professor Deborah Lucas did "a little back-of-the-envelope calculation," which is as follows:
By the time companies are discussing bailouts, "they're already toast, and you're just trying to resurrect them from the dead," said professor
Several attendees at this year's Federal Reserve Jackson Hole Economic Symposium said the problem with high indebtedness is not a threshold, but that it leaves governments in a precarious posi
Professor Deborah Lucas said economic bailouts have become "unnecessarily frequent
"The SVB support signalled that regulators were more afraid of the risk that they will be blamed for allowing a panic than they are of the consequences of putting huge amounts of federal resources
"The duration gap provides information that even the most astute market analysts would not be able to infer from currently mandated disclosures."
"The lack of reliable official statistics is a reason that economists haven't tried to quantify the effects of credit policies."
Senior lecturer Bob Pozen presented [Mario] Draghi with the Miriam Pozen Prize.