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Leniency Policies and Illegal Transactions

Buccirossi, Paolo; Spagnolo, Giancarlo - C.E.P.R. Discussion Papers - 2005

properly designed - leniency may simultaneously provide an effective governance mechanism for occasional sequential illegal …

Persistent link: https://www.econbiz.de/10005124229

Globalization and Cooperative Relations

Spagnolo, Giancarlo - C.E.P.R. Discussion Papers - 2002

reciprocal exchange to lifetime employment, from relational governance to corruption/collusion. We study how agents …

Persistent link: https://www.econbiz.de/10005136656

Contracts as Threats: on a Rationale For Rewarding A while Hoping For B

Iossa, Elisabetta; Spagnolo, Giancarlo - C.E.P.R. Discussion Papers - 2011

Contracts often reward inefficient tasks and are not enforced ex post. We provide a new explanation based on the relationship between explicit contracts and implicit agreements, distinguishing the ex-ante decision to sign a contract from the ex-post decision whether to apply it. We show that it...

Persistent link: https://www.econbiz.de/10008854495

Governing the Governors: A Clinical Study of Central Banks

Frisell, Lars; Roszbach, Kasper F.; Spagnolo, Giancarlo - C.E.P.R. Discussion Papers - 2008

Recent research on central bank governance has focused mainly on their monetary policy task. As the sub-prime loan … also in ensuring their soundness and stability. In this paper we study the specific corporate governance structures of a … public governance literatures, where present. Our analysis highlights a striking variety in central bank governance …

Persistent link: https://www.econbiz.de/10005656403

Networks of Relations and Social Capital

Lippert, Steffen; Spagnolo, Giancarlo - C.E.P.R. Discussion Papers - 2005

We model networks of relational (or implicit) contracts, exploring how sanctioning power and equilibrium conditions change under different network configurations and information transmission technologies. In our model relations are the links, and the value of the network lies in its ability to...

Persistent link: https://www.econbiz.de/10005114333

Legalizing Bribe Giving

Dufwenberg, Martin; Spagnolo, Giancarlo - C.E.P.R. Discussion Papers - 2012

A model of harassment bribes (paid for services one is entitled to) is developed and used to analyze the recent proposal to legalize paying bribes while increasing fines on accepting bribes. We explore performance as regards corruption deterrence and public service provision. A modified scheme,...

Persistent link: https://www.econbiz.de/10011083969

Rules of Origin for Goods and Services: Conceptual Issues and Economic Considerations

Hoekman, Bernard - C.E.P.R. Discussion Papers - 1993

Rules of origin form part of the traditional trade policy landscape. They are necessary for any government that seeks to distinguish between different foreign sources of supply of a product. This paper provides a basic introduction to the conceptual issues that arise in this area. It discusses...

Persistent link: https://www.econbiz.de/10005666544

Dismantling Discrimination Against Developing Countries: Access, Rules and Differential Treatment

Hoekman, Bernard - C.E.P.R. Discussion Papers - 2004

This Paper discusses the challenges confronting developing countries seeking to overcome discrimination in world trade rules and policies. The major sources of discrimination in both developed and developing countries in the areas of market access opportunities and WTO disciplines are briefly...

Persistent link: https://www.econbiz.de/10005666729

Developing Countries and Enforcement of Trade Agreements: Why Dispute Settlement Is Not Enough

Bown, Chad P.; Hoekman, Bernard - C.E.P.R. Discussion Papers - 2007

Poor countries are rarely challenged in formal WTO trade disputes for failing to live up to commitments, reducing the benefits of their participation in international trade agreements. This paper examines the political-economic causes of the failure to challenge poor countries and discusses the...

Persistent link: https://www.econbiz.de/10005788988

Economic Development and the WTO After Doha

Hoekman, Bernard - C.E.P.R. Discussion Papers - 2002

This Paper analyses what actions could be taken in the context of the WTO Doha negotiations to assist countries to benefit from deeper trade integration. It discusses the policy agenda that confronts many developing countries and identifies a number of focal points that could be used both as...

Persistent link: https://www.econbiz.de/10005789003