The aim of this Paper is to evaluate simultaneously market power and the incentives faced by carriers to improve …

whether market prices will provide incentives for investments consistent with these reserve requirements. …

To understand the effects of regulation on mortgage risk, it is instructive to track the history of regulatory changes …. However, in developed countries with fairly stable systems of financial regulation, it is difficult to track these effects. We … employ loan-level data on over a million loans disbursed in India over the 1995 to 2010 period to understand how fast …

performance incentives, on behavior of care providers filing applications for providing long-term care services to patients. We … degree of control reduces the number of applications and that introducing performance incentives reduces this even further …

We explore the consequence for taxation and regulation of bonus pay when investors are protected by taxpayers from … inequality. We show that the optimal structure of bonuses can be implemented by a combination of a regulation on the structure of …

closed form). By modeling the noise before the action in each period, we force the contract to provide sufficient incentives …

first show that simple fee-for-service reimbursement schemes do not provide proper incentives. If insurers use, however, fee …

same firm. However, family managers face weaker incentives than professional managers as seen in the lower sensitivity of …