Dr. Van Wesep's research focuses upon financial compensation, primarily of rank-and-file employees, but also executives. His past research has concerned the use of signing bonuses, severance pay, incentive pay, stock options, tenure, and pay timing as motivation, retention, and screening devices. He currently studies the use of bonuses to coordinate labor market flows within an industry, with an emphasis on banking. Dr. Van Wesep also studies aspects of asset pricing. His current work concerns the effect of short-sale constraints on the pricing of conglomerates, as well as the effect of appraisals on the behavior of asset prices in which most buyers require a loan to purchase the asset.
corporate finance, compensation, contract design, short sales, labor and finance