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Finance and Financial Management

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Full-Text Articles in Benefits and Compensation

Upjohn Institute Policy Paper: Public Pension Crisis And Investment Risk Taking: Underfunding, Fiscal Constraints, Public Accounting, And Policy Implications, Nancy Mohan, Ting Zhang Feb 2012

Upjohn Institute Policy Paper: Public Pension Crisis And Investment Risk Taking: Underfunding, Fiscal Constraints, Public Accounting, And Policy Implications, Nancy Mohan, Ting Zhang

Economics and Finance Faculty Publications

Public pension funds that cover retirement benefits for almost 20 million active or retired employees have been significantly underfunded. An important, though largely overlooked, issue related to pension underfunding is the excessive investment risk levels assumed by public plans. Our analysis suggests government accounting standards strongly affect public fund investment risk, as higher return assumptions (used to discount pension liabilities) are associated with higher investment risk.

Public funds undertake more risk if they are underfunded and have lower investment returns in previous years, consistent with the risk transfer hypothesis. Furthermore, pension funds in states facing fiscal constraints allocate more assets …


Analysis Of The Military Medical Retirement System, Joseph M. Barnum Mar 2009

Analysis Of The Military Medical Retirement System, Joseph M. Barnum

Theses and Dissertations

The purpose of this research was to evaluate the 60 year old military medical retirement system. Specifically, this thesis answered three research questions regarding a comparison of pay between the current system and the societal standard for injury and illness, identification of current segments of the military population disproportionately affected by the current system, and establishment of a minimal standard for medical retirement compensation. Previous research established the societal standard for compensation as the Value of Statistical Life. This thesis compared the current military medical retirement system with the Value of Statistical Life and identified several segments of the military …


The Correlation Of Human Capital On Costs Of Air Force Acquisition Programs, Stephen E. Gray Mar 2009

The Correlation Of Human Capital On Costs Of Air Force Acquisition Programs, Stephen E. Gray

Theses and Dissertations

Previous studies have linked human capital with performance. The studies have shown performance, measured as output, of a firm can be increased by adding more personnel and/or increasing education levels. This research uses the Cobb-Douglas Production function to build upon that relationship of inputs to outputs. The output in this study is the average cost overrun of Aeronautical Systems Center research, development, test, and evaluation contracts managed from 1994 to 2008. The inputs are the numbers of military/government employee financial managers, program managers, engineers, rated personnel, and military/government employees in those career fields possessing a graduate degree or higher. A …


Modeling U.S. Occupational Health Costs, Joseph M. Bauer Mar 2009

Modeling U.S. Occupational Health Costs, Joseph M. Bauer

Theses and Dissertations

The primary purpose of this research was to improve the effectiveness of cost comparison analyses for the 75th Aerospace Medicine Group, Hill Air Force Base, Utah. Bioenvironmental engineers sought a more robust cost comparison tool, allowing engineers to quickly determine the viability of proposed occupational health-related expenditures. To justify the funding of potential projects, engineers must quantify the expected cost savings. Improved cost comparison analysis enables personnel to better justify worthy projects or filter out uneconomical solutions. A secondary purpose of this research was to validate Department of Defense (DoD) occupational illness cost factors. This research effort focused on cost …


Full-Time Faculty Salaries By College By Rank & By Gender, Wku Faculty Senate Jul 2005

Full-Time Faculty Salaries By College By Rank & By Gender, Wku Faculty Senate

Faculty Senate

Report of full-time faculty salaries by college by rank and by gender for FY 2005-2006.


Are Salaries In The National Hockey League Related To Nationality?, William (Bill) H. Williams, David A. Williams Oct 1997

Are Salaries In The National Hockey League Related To Nationality?, William (Bill) H. Williams, David A. Williams

Publications and Research

No abstract provided.


Exhibit 1 - Salary Study Documentation, Wku Board Of Regents Dec 1992

Exhibit 1 - Salary Study Documentation, Wku Board Of Regents

Board of Regents Documents

Salary study documentation for the Feb. 4, 1993 meeting

  • Salary Study 1/29/1993
  • Recommendations Regarding Compensation Increases 2/4/1993
  • WKU 1993-94 Budget Information
  • Report of the Salary Study Committee
  • Lawrence Howard Personal Action Form


President's Report, Wku President's Office - Cherry Jul 1928

President's Report, Wku President's Office - Cherry

Board of Regents Documents

President Henry Cherry's report to the Board of Regents. Includes sections:

  • Attendance
  • Unity
  • Faculty
  • Quality of Students
  • Graduates
  • Finances
  • Budget
  • Capital Improvements
  • Salaries


President's Report, Wku President's Office - Cherry Aug 1912

President's Report, Wku President's Office - Cherry

Board of Regents Documents

President Henry Cherry's report to the Board of Regents. Includes sections:

  • Condition of school
  • Finances
  • Attendance
  • Enrollment & Distribution of Students
  • Religious Affiliation of Students
  • Courses of Study
  • Fred Mutchler’s Report on Boys’ Corn Clubs
  • Domestic Science & Arts
  • Other Courses
  • School of Music
  • Summer School
  • Conference of County Superintendents
  • Graduates
  • Elementary Certificate
  • Class of 1912
  • Advanced or Life Certificate
  • Former Graduates of the Advanced or Life Certificate Course
  • Faculty & Salaries
  • Violin Teacher
  • Recitation Hall
  • Sanitary & Toilet Arrangement for the Training School
  • Frisbie Hall
  • Rural Training School
  • Improvement of Grounds, Drives, Walks, Etc.
  • Culinary Department
  • Acoustic Properties of …


President's Report, Wku President's Office - Cherry Jul 1909

President's Report, Wku President's Office - Cherry

Board of Regents Documents

President's report to the Board of Regents. Includes these sections:

  • Condition of school
  • Attendance
  • Purpose of the Normal
  • Financial statements
  • Regular tuition
  • Boarding homes
  • Courses of study
  • Model school
  • Library
  • School of Music
  • School of Science
  • Model rural school
  • Summer school
  • Faculty & salaries
  • General statements of a miscellaneous nature