Narrow search
Showing 1 - 10 of 2,364
Cover Image
Liquidity runs
Matta, Rafael; Perotti, Enrico C. - 2016 - This Draft: October 18, 2016
liquidity. The socially optimal demandable debt contract limits inessential runs by targeting a high rollover yield. However …
Persistent link: https://www.econbiz.de/10011556199
Cover Image
Reputation and discretion in financial contracting
Boot, Arnoud W. A.; Greenbaum, Stuart I.; Thakor, Anjan V. - 1993 - Rev
Persistent link: https://www.econbiz.de/10000122444
Cover Image
The worker's value of the remaining employment contract duration
Ommeren, Jos van; Hazans, Mihails - 2005
Persistent link: https://www.econbiz.de/10002982923
Cover Image
The demand for programmable payments
Kahn, Charles M.; Oordt, Maarten R. C. van - 2022
This paper studies the desirability of programmable payments where transfers are automatically executed conditional upon preset objective criteria. We do so by studying optimal payment arrangements in a framework that captures a wide range of economic relationships between two parties. Our...
Persistent link: https://www.econbiz.de/10013413524
Cover Image
The interaction between explicit and relational incentives : an experiment
Sloof, Randolph; Sonnemans, Joep - 2009
Persistent link: https://www.econbiz.de/10003850863
Cover Image
The interaction between explicit and relational incentives : an experiment
Sloof, Randolph; Sonnemans, Joep - 2009
these two variants to play. Theory predicts that subjects will choose the payoff dominated game (representing a bad explicit … contract), because this game better sustains (implicit) relational incentives backed by either reputational or reciprocity …
Persistent link: https://www.econbiz.de/10011378080
Cover Image
A structural model of tenure and specific investments
Teulings, Coen N.; Ende, Martin Adriaan van der - 2002
Though a lot of work has been done on the distribution of job tenures, we are still uncertain about its main determinants.In this paper, we stress random shocks to match productivity after the start of an employment relation.The specificity of investment makes hiring and separation decisions...
Persistent link: https://www.econbiz.de/10011302603
Cover Image
The workers' value of the remaining employment contract duration
Ommeren, Jos van; Hazans, Mihails - 2005
on job search activity. Worker's willingness to pay for the remaining duration of the employment contract is derived. We … provide evidence that workers attach substantial value to the remaining contract duration. A temporary worker with a remaining … contract of six months is willing to pay about 10% of the monthly wage to increase the contract by one month. …
Persistent link: https://www.econbiz.de/10011346490
Cover Image
The anatomy of job satisfaction and the role of contingent employment contracts
Graaf-Zijl, Marloes de - 2005
strongest relation to type of contract. Since this is also the aspect that receives least weight in overall job satisfaction …
Persistent link: https://www.econbiz.de/10011348355
Cover Image
The anatomy of job satisfaction and the role of contingent employment contracts
Graaf-Zijl, Marloes de - 2005
Persistent link: https://www.econbiz.de/10003248097