Jason Chen

Jason Chen is an Assistant Professor of Finance at the Harbert College of Business, Auburn University. His research interests focus on corporate finance, with a particular emphasis on the economics of regulation and ESG (Environmental, Social, and Governance) issues. Chen earned his PhD in Finance from the Lebow College of Business, New York University, in 2023. Prior to his doctoral studies, he obtained a Master’s degree in Economics from the Chinese University of Hong Kong and a Bachelor’s degree from the University of New South Wales.

Should We Pay Regulators According to Their Performance?

Should we pay regulators according to their performance? In a new paper, Jason Chen, Jakub Hajda, and Joseph Kalmenovitz show that a pay-for-performance system has a surprising effect: it increases regulatory effort but also motivates regulators, especially the productive ones, to quit and join the private sector.

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