bivariate system, broken homes, criminal records of parents and personal indebtedness turn out as highly relevant factors of …

This paper investigates the potentially non-linear relation between households' indebtedness and their consumption … previous studies, we find a negative effect of households' indebtedness on their consumption, even in the absence of negative …

bivariate system, broken homes, criminal records of parents and personal indebtedness turn out as highly relevant factors of …

We look at the effect of transparency on the incidence of costly back-scratching in a laboratory setting by … transparency. A plausible story that fits our results is that there may be two countervailing forces at play. First, more rapid … policy makers about the limits of transparency in curtailing "grey" types of corruption. …

basic building block of individual accounts. This ensures the important design feature of transparency, the "enabler" of …

suppose that greater transparency would enhance incentives. Therefore, it is puzzling that team production often lacks … transparency about individual contributions despite negligible costs for providing such information. We offer a rationale for this … by demonstrating that transparency can actually hurt incentives. In the presence of career concerns information on the …