How does remuneration regulation affect bankers’ pay?

Created
Mon, 19/12/2022 - 21:00
Updated
Mon, 19/12/2022 - 21:00
Ieva Sakalauskaite and Qun Harris Following the Global Financial Crisis of 2007–08, some regulators introduced rules on bankers’ bonuses with an aim to mitigate incentives to take excessive risks, and in turn promote financial stability. In a recent paper we use detailed data on remuneration of staff in six large UK banks to look at … Continue reading How does remuneration regulation affect bankers’ pay?