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Risk, delegation, and project scope
Roider, Andreas - 2007
when the risk-averse agent has control. … exogenous risk and delegation. That is, we show that only if exogenous risk is sufficiently large, the risk-neutral principal … may prefer to delegate authority over decisions to the risk-averse agent. Intuitively, for incentive reasons, the …
Persistent link: https://www.econbiz.de/10010268503
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The gender wage gap as a function of educational degree choices in an occupationally segregated EU country
Livanos, Ilias; Pouliakas, Konstantinos - 2009
in the type of degree studied can explain an additional 8.4% of the male-female pay gap. Risk-augmented earnings …
Persistent link: https://www.econbiz.de/10010269462
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Heterogeneous life-cycle profiles, income risk and consumption inequality
Primiceri, Giorgio E.; van Rens, Thijs - 2007
Was the increase in income inequality in the US due to permanent shocks or merely to an increase in the variance of transitory shocks? The implications for consumption and welfare depend crucially on the answer to this question. We use CEX repeated cross-section data on consumption and income to...
Persistent link: https://www.econbiz.de/10010276396
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Risk, institutions and growth: Why England and not China?
Greif, Avner; Iyigun, Murat; Sasson, Diego - 2011
-averse elders had more control over technological choices implying lower risk-taking. Focusing on non-market institutions expands on …We analyze the role of risk-sharing institutions in transitions to modern economies. Transitions requires individual …-level risk-taking in pursuing productivity-enhancing activities including using and developing new knowledge. Individual …
Persistent link: https://www.econbiz.de/10010278525
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Punishing Free-Riders : How Group Size Affects Mutual Monitoring and the Provision of Public Goods
Carpenter, Jeffrey P. - 2004
Because costly punishment is not credible, subgame perfection suggests that punishment will not deter free riding, regardless of the size or structure of groups. However, experiments show that people will punish free riders, even at considerable cost. To examine the implications of agents who...
Persistent link: https://www.econbiz.de/10010262078
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Counseling and Monitoring of Unemployed Workers: Theory and Evidence from a Controlled Social Experiment
van den Berg, Gerard J.; van der Klaauw, Bas - 2001
We investigate the effect of counseling and monitoring on the individual transition rate to employment. We theoretically analyze these policies in a job search model with two search channels and endogenous search effort. In the empirical analysis we use unique administrative and survey data...
Persistent link: https://www.econbiz.de/10010262580
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Optimal Unemployment Insurance with Monitoring and Sanctions
Boone, Jan; Fredriksson, Peter; Holmlund, Bertil; van … - 2001
This paper analyzes the design of optimal unemployment insurance in a search equilibrium framework where search effort among the unemployed is not perfectly observable. We examine to what extent the optimal policy involves monitoring of search effort and benefit sanctions if observed search is...
Persistent link: https://www.econbiz.de/10010262603
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Is the notification of monitoring a threat to the unemployed? A regression discontinuity approach
Cockx, Bart Leo Wim; Dejemeppe, Muriel - 2007
In July 2004, the Belgian government intensified monitoring within the Unemployment Insurance scheme. Workers claiming unemployment benefits for more than 13 months are notified that past job-search behavior will be monitored 8 months later. In one region the target group is counseled shortly...
Persistent link: https://www.econbiz.de/10010268516
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Determinants of pollution abatement and control expenditure: evidence from Romania
Caporale, Guglielmo Maria; Rault, Christophe; Sova, Robert - 2008
The aim of the present study is to shed some light on the factors affecting Pollution Abatement and Control Expenditure …
Persistent link: https://www.econbiz.de/10010269381
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Screening disability insurance applications
de Jong, Philip R.; Lindeboom, Maarten; van der Klaauw, Bas - 2006
This paper investigates the effects of intensified screening of disability insurance benefit applications. A large-scale experiment was setup where in 2 of the 26 Dutch regions case workers of the disability insurance administration were instructed to screen applications more intense. The...
Persistent link: https://www.econbiz.de/10010274343