# A paper by Prof. Xavier Gabaix on executive compensation is highlighted

1 Faculty News February 27, 2012 ![Wall Street Journal logo](/sites/default/files/styles/246w/public/assets/images/wsjlogo.jpg?itok=5Qt0z3WX)>

Excerpt from [The Wall Street Journal](http://online.wsj.com/article/SB10001424052970203462304577138691466777460.html?mod=googlenews_wsj) -- "In a paper with [Xavier Gabaix](http://www.stern.nyu.edu/faculty/bio/xavier-gabaix) and Tomasz Sadzik of New York University and Yuliy Sannikov of Princeton, we show that optimal compensation packages involve long vesting periods."

[Read more](http://online.wsj.com/article/SB10001424052970203462304577138691466777460.html?mod=googlenews_wsj)