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Tzioumis et al., 2013 - Google Patents

Nonlinear incentives and mortgage officers' decisions

Tzioumis et al., 2013

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Document ID
7783280618667491823
Author
Tzioumis K
Gee M
Publication year
Publication venue
Journal of Financial Economics

External Links

Snippet

In the aftermath of the recent financial crisis, banks should ensure that their incentive compensation policies appropriately balance long-term risk with short-term rewards. Using daily output data from mortgage officers in a US commercial bank, we test the notion that …
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