Narrow search
Showing 1 - 10 of 175
Cover Image
Paternal Uncertainty and the Economics of Mating, Marriage, and Parental Investment in Children
Bethmann, Dirk; Kvasnicka, Michael - EconWPA - 2005
recognition between men and women that provides a microfoundation for the institution of marriage. In the model, men and women …. As a socially sanctioned commitment device among partners, the institution of marriage reduces this risk by restraining … societal, economic, and technological changes in their effects on marriage patterns. A combination of factors is argued to …
Persistent link: https://www.econbiz.de/10005408289
Cover Image
Experience of Asian Asset Management Companies (AMCs): Do they Increase Moral Hazard? - Evidence from Thailand
Terada-Hagiwara, Akiko; Pasadilla, Gloria - EconWPA - 2004
This paper examines the performances of Asian asset management companies (AMCs). The analysis reveals that AMCs vary in their design and performance. Asset management companies can trigger moral hazard- inspired bank lending. Empirical examination of the Thai experience reveals that the moral...
Persistent link: https://www.econbiz.de/10005134678
Cover Image
Uncommitted Couples: Some Efficiency and Policy Implications of Marital Bargaining
Aura, Saku - EconWPA - 2003
properties of different divorce asset- division regimes are examined. A stylized common-law regime is shown to lead to fully …
Persistent link: https://www.econbiz.de/10005561826
Cover Image
Testing for Utility Interdependence in Marriage: Evidence from Panel Data
Powdthavee, Nattavudh - EconWPA - 2004
This paper is the first of its kind to study utility interdependence in marriage using information on subjective well …
Persistent link: https://www.econbiz.de/10005076542
Cover Image
A Dynamic Decision Model of Marriage, Childbearing, and Labor Force Participation of Women in Japan
Ueda, Atsuko - EconWPA - 2000
This paper empirically examines the life-time joint decision problem of marriage, childbearing, and labor force … generally insignificant. Utility gains and losses from marriage are significantly negative if one leaves out financial … of marriage and two children as a typical family unit is negative for women in the labor force. …
Persistent link: https://www.econbiz.de/10005125788
Cover Image
Hidden Teacher Effort in Educational Production: Monitoring vs. Merit Pay
Jaag, Christian - EconWPA - 2005
This paper deals with the optimality of teacher incentive contracts in the presence of costly or limited government resources. It considers educational production under asymmetric information as a function of teacher effort and class size. In the presence of costly government resources and...
Persistent link: https://www.econbiz.de/10005076924
Cover Image
Dynamic Adjustment of Corporate Leverage: Is there a lesson to learn from the Recent Asian Crisis?
Driffield, Nigel; Mahambare, Vidya; Pal, Sarmistha - EconWPA - 2005
While the aggregate macroeconomic analysis of the recent Asian Crisis highlights the moral hazard problem of bad loans in poorly supervised and regulated East Asian economies, there is very little firm-level analysis to characterize it. The present paper attempts to fill in this gap of the...
Persistent link: https://www.econbiz.de/10005076955
Cover Image
How Ownership Structure Affects Capital Structure and Firm Performance? Recent Evidence from East Asia
Driffield, Nigel; Mahambare, Vidya; Pal, Sarmistha - EconWPA - 2005
Despite the seminal work of Claessens et al. (2002), who highlighted the role of ownership structure on firm performance in East Asia, the relationship between capital structure and ownership remains much unexplored. This is important, given recent empirical and theoretical work linking capital...
Persistent link: https://www.econbiz.de/10005076974
Cover Image
The Effectiveness of Insurance Fraud Statutues: Evidence from Automobile Insurance
Hoyt, Robert E.; Mustard, David B.; Powell, Lars S. - EconWPA - 2005
Insurance fraud, which adds an estimated $85 billion per year to the total insurance bill in the U.S., is an extremely serious problem for consumers, regulators, and insurance companies. This paper analyzes the effects of state legislation and market conditions on automobile insurance fraud from...
Persistent link: https://www.econbiz.de/10005126108
Cover Image
A Simple Dynamic Model of Credit and Aggregate Demand
Diaz-Bautista, Alejandro; Escandon, Julio R. - EconWPA - 2003
The purpose of the paper is to present a tractable model of an old topic which is becoming more important in macroeconomics: the link between financial structure and economic activity.
Persistent link: https://www.econbiz.de/10005126180