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Next Dates: - Introduction to QuantLib Development with Luigi Ballabio, September 2 - 4, 2013 - £1700

 

REVISION: A Regulator's Exercise of Career Option to Quit and Join a Regulated Firm's Management with Applicat

Sat, 05 May 2012 01:37:06 GMT

We introduce a model of managerial compensation, in context of labor market mobility, for regulators who design mechanism(s) that affect firm capital structure, and then cash in later by exercising a career option to join firm management or a consultancy. Examples of this "revolving door' mobility include but is not limited to, politicians who become lobbyists; insurance commissioners who become insurance executives; IRS and government procurement contract officials who become consultants; corp

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