; ; ; "ActiveFedora::Aggregation::ListSource" . a , ; "A Simple Model of Bank Employee Compensation"; ; "batchuser@example.com"; "Phelan, Christopher"; "Federal Reserve Bank of Minneapolis"; "J38 - Wages, Compensation, and Labor Costs: Public Policy"; "No abstract available. Introduction: This paper considers the question, Does the limited liability associated with banking make it necessary for a government to regulate bank employee compensation? It attempts to shed light on this question by considering a mechanism design framework. In it, a single risk averse employee must be induced to search for good investment opportunities and turn down bad investment opportunities."^^; "2009-12-10"; "2019-06-24T18:58:16.679222821+00:00"^^; "https://doi.org/10.21034/wp.676"; ; "https://creativecommons.org/licenses/by-nc/4.0/"; "Wed Oct 23 17:48:31 2019"; "https://creativecommons.org/licenses/by-nc/4.0/"; "Research Paper"; "608"; "Working paper (Federal Reserve Bank of Minneapolis. Research Department)"; "676"; ; ; ; ; "Federal Reserve Bank of Minneapolis. Research Department"; ; "Publication" . ; .