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Optimal Bonuses and Deferred Pay for Bank Employees : Implications of Hidden Actions with Persistent Effects in Time, Working Paper 10-16

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Jarque, Arantxa and Prescott, Edward Simpson. "Optimal Bonuses and Deferred Pay for Bank Employees : Implications of Hidden Actions with Persistent Effects in Time, Working Paper 10-16," Working Papers (Federal Reserve Bank of Richmond) (October 2010). https://fraser.stlouisfed.org/scribd/?item_id=477209&filepath=/files/docs/historical/frbrich/wp/frbrich_wp10-16.pdf&start_page=1, accessed on September 21, 2017.

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