Many compensation schemes consist of cash ̄ow streams with different risk characteristics. For example, bonuses, which help align a ®rm's wage bill with business cycle ̄uctuations, are more variable than regular (®xed) pay. We investigate empirical regularities in compensation schemes involving risky pay which is contingent on certain random outcomes. Using data for Germany, Japan and the US, w...

The Rand Corporation do not necessarily reflect the opinions or policies of the sponsors of Rand research. manpower issues assuming even greater importance than heretofore in defense planning and budgeting, it is the purpose of this research program to develop broad strategies and specific solutions for dealing with present and future military manpower problems. The goals include the developmen...

The European Green Deal indicates the renovation of both public and private buildings as a key element for improvement energy efficiency in building stock, order to reach goals document itself. New incentives, also including density bonus, can significantly contribute foster diffuse actions. In Italy, bonus is under testing: current framework has produced profitability regeneration some areas u...

The COVID-19 pandemic brought a myriad of challenges and opportunities has influenced the modern concept sustainability as projected into Corporate Social Responsibility (CSR) underlying multi-stakeholder model. new generation consumers, Generation Z, progressively increased its participation in market shopping trends have been impacting entire CSR scenery. However, little is known about their ...