Showing 1 - 10 of 1,375
The two documents, which are the subject of the present study, made to share property in the event of divorce, help to … marriage furniture, tools, animals, prices, food, secular and religious involvement of the private life etc. In addition to …
Persistent link: https://www.econbiz.de/10009647374
We study the problem of marriage formation and marital distribution in a two-period model of matching, extending the …, legal cost of divorce, initial endowments, couple and single productivity parameters on the payoffs and marital status in …
Persistent link: https://www.econbiz.de/10005836944
among the decisions on marriage, fertility and divorce. …This paper applies the theory of relational contracts to a model in which a couple decides whether to marry or cohabit … the effects of policy variables such as the costs of divorce and post-divorce income payments on the interrelationships …
Persistent link: https://www.econbiz.de/10010768962
The two documents which are the subject of the present study, made to share property in the event of divorce, help to … marriage furniture, tools, animals, prices, food, secular and religious involvement of the private life etc. In addition to …
Persistent link: https://www.econbiz.de/10008764682
This paper develops a model of choice between marriage and cohabitation to study the effect of divorce costs on … marriage decision. The paired agents are heterogeneous, the utility is non-transferable, and break up and divorce decisions are … framework is empirically relevant, since unilateral divorce is legal in many countries, and multiple empirical studies of the …
Persistent link: https://www.econbiz.de/10011113905
This works tests whether or not the introduction of divorce law changes the timing of marital search. Common sense … suggests that rational agents should adjust to the divorce risk by increasing the average length of search spell, whereas the … option value theory stresses the role played by irreversible investments: in this case, the new exit option available to …
Persistent link: https://www.econbiz.de/10005787067
We develop a model of commercial gestational surrogacy in which a childless couple approaches a prospective surrogate, who is willing to gestate for the couple. The surrogate’s care is non-contractible. We show that if the surrogate doesn’t have any wealth, at the optimum, she is always...
Persistent link: https://www.econbiz.de/10011109840
We analyze the optimal regulation of a MFI that has private information on the intrinsic quality of its loan portfolio (adverse selection) and where the MFI’s choice of effort to improve this quality cannot be observed by the regulator (moral hazard). In designing optimal contracts the...
Persistent link: https://www.econbiz.de/10011259987
This paper is aimed at providing a comprehensive overview of, and responses to, four very vital components of the consultative processes which have contributed to the new framework known as Basel III. The paper will approach these components in the order of the consultative processes, namely,...
Persistent link: https://www.econbiz.de/10009246895
This article analyses the effect of security price on the behaviour of bank securitization. We present a model of bank securitization in which security price together with liquid constraints create the incentive for banks to originate and sell assets backed securities to investors. Banks have a...
Persistent link: https://www.econbiz.de/10009372531