Summary: | 碩士 === 國立中央大學 === 統計研究所 === 97 === The incentive stock option is one way the companies use to encourage their employees to work diligently.
But sometimes the value is affected by the macroeconomics so that it is valueless even you work diligently.
This article will find the relationships between the value and the macroeconomics.
We use the GLM (Generalized Linear Model) estimated by the GEE (Generalized Estimating Equation) to describe the relationships between unemployment rate,
CPI, money supply, and the exchange rate with the value of incentive stock options in US.
The subprime loan crisis broke out in July 2008 in America, and the economic structures may be changed,
so we discuss the relationships in this specified time.
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