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Kaplow, Louis - National Bureau of Economic Research - 2022

This article explores subjects in optimal income taxation characterized by recent research interest, practical importance in light of concerns about inequality, potential for misunderstanding, and prospects for advancement. Throughout, the analysis highlights paths for further investigation....

Persistent link: https://www.econbiz.de/10013334417

Security Analysis and the Collection of Hard and Soft Information

Ben-Rephael, Azi; Carlin, Bruce Ian; Da, Zhi; … - National Bureau of Economic Research - 2023

We use minute-by-minute Bloomberg online status microdata during 2017-2021 to directly study how hard and soft information collection affects equity analyst performance. Collection of hard information, proxied by office workday length, is positively associated with the quantity and timeliness of...

Persistent link: https://www.econbiz.de/10014447257

Content Moderation with Opaque Policies

Kominers, Scott Duke; Shapiro, Jesse M. - National Bureau of Economic Research - 2024

A sender sends a signal about a state to a receiver who takes an action that determines a payoff. A moderator can block some or all of the sender's signal before it reaches the receiver. When the moderator's policy is transparent to the receiver, the moderator can improve the payoff by blocking...

Persistent link: https://www.econbiz.de/10014486247

Donor Contracting Conditions and Public Procurement : Causal Evidence from Kenyan Electrification

Wolfram, Catherine; Miguel, Edward; Hsu, Eric; … - National Bureau of Economic Research - 2023

There is limited causal evidence on the effects of different public procurement regulations on project quality and value-for-money for projects funded by national governments and foreign aid donors. This paper uses policy and experimental variation to study how two key contracting...

Persistent link: https://www.econbiz.de/10014226145

Determinants of Vertical Integration : Finance, Contracts, and Regulation

Acemoglu, Daron; Johnson, Simon; Mitton, Todd - 2005

differences in financial development, contracting costs or regulation. We find cross-country correlations between vertical …

Persistent link: https://www.econbiz.de/10012467255

Regulation of Entry and the Distortion of Industrial Organization

Fisman, Raymond - 2004

We study the distortions to industrial organization caused by entry regulation. We take advantage of heterogeneity … affected by country-level entry regulation. In industries with high natural entry barriers, entry regulation has little impact …, countries with high entry regulation have relatively few, large firms. We find no relation between natural entry barriers and …

Persistent link: https://www.econbiz.de/10012467758

Reliability and Competitive Electricity Markets

Joskow, Paul L. - 2004

Despite all of the talk about deregulation' of the electricity sector, a large number of non-market mechanisms have been imposed on emerging competitive wholesale and retail markets. These mechanisms include spot market price caps, operating reserve requirements, non-price rationing protocols,...

Persistent link: https://www.econbiz.de/10012468221

Regulations, Market Structure, Institutions, and the Cost of Financial Intermediation

Demirguc-Kunt, Asli - 2003

This paper examines the impact of bank regulations, market structure, and national institutions on bank net interest margins and overhead costs using data on over 1,400 banks across 72 countries while controlling for bank-specific characteristics. The data indicate that tighter regulations on...

Persistent link: https://www.econbiz.de/10012468807

Transition Policy : A Conceptual Framework

Kaplow, Louis - 2003

Legal change, whether through legislation, regulation, or court decision, is a common phenomenon, and virtually all …

Persistent link: https://www.econbiz.de/10012469102

Individual Rights and Collective Agents : The Role of Old and New Workplace Institutions in the Regulation of Labor Markets

Weil, David - 2003

somehow help solve the public goods problem inherent in workplace regulation. Second, the agent must be able to reduce the …

Persistent link: https://www.econbiz.de/10012469135