in (relationship specific) policy expertise, and may be either policy-motivated or policy-indifferent. We show that under … specific conditions on the nature of expertise and bureaucratic discretion over policy choices, merit system protections for … job tenure encourage the development of expertise and problem solving capacity in the bureaucracy. In addition, we …

’ choices of teams and whether or not to grant autonomy to team members. One of the main findings is that the typical …I estimate the effect of team production on labor productivity and product quality using a cross section of British … establishment enjoys statistically significant increases in labor productivity (but not product quality) from using teams, though …

policy and regulatory power frameworks, during the process of power sector reform in Mexico. …

hedge funds performance using various asset-pricing models, including an extension form of Carhart's (1997) model combined …, Equity non- Hedge and Sector funds. We analyse the performance of ehdge funds and the persistence in performance for … calculations for several individual hedge fund strategies. We showed there is a proof of persistence in performance in some cases …

Hedge Fund Performance and Persistence in Bull and Bear Markets DANIEL P.J. CAPOCCI University of Liege - Economics … paper tests the performance of 2894 hedge funds in a time period that encompasses unambiguously bullish and bearish trends …-factor composite performance model that achieves very high significance levels. The analysis of performance indicates that most hedge …

We analyze the effects of ownership type and concentration on performance of a population of firms in a model large … private ownership improve dynamic post-privatization performance. Concentrated foreign (but not domestic) ownership improves … some measures of performance relative to state ownership. Foreign investors engage in strategic restructuring by increasing …