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Constrained discretion and central bank transparency

Bianchi, Francesco; Melosi, Leonardo - 2016

We develop and estimate a general equilibrium model to quantitatively assess the effects and welfare implications of central bank transparency. Monetary policy can deviate from active inflation stabilization and agents conduct Bayesian learning about the nature of these deviations. Under...

Persistent link: https://www.econbiz.de/10011560575

Hedge Fund Boards and the Market for Independent Directors

Clifford, Christopher P. - 2017

We provide the first examination of hedge fund boards and their directors. The majority of directorships are held by extremely busy independent directors. These directors are sought after by funds because they have more reputational capital at stake, making them independent and credible monitors...

Persistent link: https://www.econbiz.de/10012972390

Career concerns and market structure

Bonatti, Alessandro; Hörner, Johannes - 2017

Persistent link: https://www.econbiz.de/10012265729

Career prospects and effort incentives : evidence from professional soccer

Miklós-Thal, Jeanine; Ullrich, Hannes - 2014

It is difficult to test the prediction that future career prospects create implicit effort incentives because researchers cannot randomly “assign” career prospects to economic agents. To overcome this challenge, we use data from professional soccer, where employees of the same club face...

Persistent link: https://www.econbiz.de/10011808006

Diff-in-diff in death : estimating and explaining artist-specific death effects

Ursprung, Heinrich W.; Zigova, Katarina - 2020

age and reputation at death. This result is robust to various specifications and measures of reputation. We present as an …

Persistent link: https://www.econbiz.de/10012194643

Career concerns with exponential learning

Bonatti, Alessandro; Hörner, Johannes - In: Theoretical economics : TE ; an open access journal in … 12 (2017) 1, pp. 425-475

This paper examines the interplay between career concerns and market structure. Ability and effort are complements: effort increases the probability that a skilled agent achieves a one-time breakthrough. Wages are based on assessed ability and on expected output. Effort levels at different times...

Persistent link: https://www.econbiz.de/10011704848

Career prospects and effort incentives : evidence from professional soccer

Miklós-Thal, Jeanine; Ullrich, Hannes - 2014

Persistent link: https://www.econbiz.de/10010442390

The price of reputation : executive compensation of sin companies

Chen, Sheng-syan; Shen, Hsin-han; Yanzhi, Wang - In: Journal of business finance & accounting : JBFA 50 (2023) 9/10, pp. 2021-2050

Persistent link: https://www.econbiz.de/10014443327

Corporate bankruptcy and directors' reputation : an empirical analysis of the effects on public debt contracts

Gatti, Stefano; Ivanova, Mariya N.; Pündrich, Gabriel … - In: Journal of accounting, auditing & finance : JAAF 38 (2023) 4, pp. 777-803

Persistent link: https://www.econbiz.de/10014382681

Reputation und Unternehmenserfolg: Unternehmens- und CEO-Reputation in Deutschland 2011-2013

Schwalbach, Joachim - 2015

Forschungsarbeiten. Trotz unzureichender Datensätze besteht weitgehend Konsens darüber, dass eine gute Reputation ein nachhaltiger … Unternehmens- und CEO-Reputation vorgestellt. Alle drei sind die größten ihrer Art im deutschsprachigen Raum, die Erhebung der CEO-Reputation … ist methodisch und vom Umfang her sogar weltweit einzigartig. Die Ergebnisse belegen eine große Spannweite der Reputation …

Persistent link: https://www.econbiz.de/10011304522

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