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Explaining IMF lending decisions after the Cold War
Moser, Christoph; Sturm, Jan-Egbert - 2011
arrangement with the IMF and the determinants of the financial size of such a program. Arguably the world and the global financial …
Persistent link: https://www.econbiz.de/10009270467
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The International Monetary System and International Financial System as an Analogy to the Copernican Heliocentric system : A simple multi-layers network model with simultaneous reg...
Bordo, Michael D.; Bastidon, Cécile - National Bureau of Economic Research - 2023
is based on economic history, theory and some resonant concepts from astrophysics …
Persistent link: https://www.econbiz.de/10014372472
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The Value of Signals in Hidden Action Models : Concepts, Application, and Empirical Evidence
Schnedler, Wendelin - 2004
What happens if A wants to buy a good or service from B, but not all relevant characteristics can be fixed in a contract? This book gives a non-technical overview of various models dealing with this situation. Particular emphasis is put on the problem that the service includes various tasks and...
Persistent link: https://www.econbiz.de/10013519359
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Dividend smoothing and ownership concentration : evidence from Latin America
Tigero, Tamara; Saens, Rodrigo; Castillo, Augusto - In: The journal of corporate accounting & finance 34 (2023) 4, pp. 108-121
Persistent link: https://www.econbiz.de/10014431504
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Information transmission and ownership consolidation in aid programs
Dreher, Axel; Langlotz, Sarah; Marchesi, Silvia - 2016
Persistent link: https://www.econbiz.de/10011544310
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Information transmission within federal fiscal architectures : theory and evidence
Dreher, Axel; Gehring, Kai; Kotsogiannēs, Chrēstos; … - 2016
Persistent link: https://www.econbiz.de/10011521909
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Information transmission and ownership consolidation in aid programs
Dreher, Axel; Langlotz, Sarah; Marchesi, Silvia - In: Economic inquiry : journal of the Western Economic … 55 (2017) 4, pp. 1671-1688
Persistent link: https://www.econbiz.de/10011814608
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Information transmission within federal fiscal architectures : theory and evidence
Dreher, Axel; Gehring, Kai; Kotsogiannēs, Chrēstos; … - In: Oxford economic papers 70 (2018) 1, pp. 243-265
Persistent link: https://www.econbiz.de/10011822759
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The golden hello and political transitions
Aidt, Toke; Albornoz, Facundo; Gassebner, Martin - 2012
have taken place. We test this unexplored implication of the theory empirically. We find in a world sample from 1970 to …We analyze the influence of IMF and World Bank programs on political regime transitions. We develop an extended version … transitions ; democracy ; autocracy ; IMF ; World Bank …
Persistent link: https://www.econbiz.de/10009629705
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Dynamic costs and moral hazard: a duality based approach
Arie, Guy - 2011
The marginal cost of effort often increases as effort is exerted. In a dynamic moral hazard setting, dynamically increasing costs create information asymmetry. This paper characterizes the optimal contract and helps explain the popular yet thus far puzzling use of non-linear incentives, for...
Persistent link: https://www.econbiz.de/10009699416