Showing 1 - 10 of 463
Hirschman's Exit, Voice, and Loyalty highlights the role of “voice” in disciplining firms for low quality. We develop a formal model of voice as a relational contact between firms and consumers and show that voice is more likely to emerge in concentrated markets. We test this model using...
Persistent link: https://www.econbiz.de/10012965424
A significant amount of software development is being outsourced to countries such as India. Many Indian software firms … have applied for and received quality certifications like the ISO9001, and the number of quality certified software firms … has steadily increased. Despite its growing popularity among Indian software developers, there is very little systematic …
Persistent link: https://www.econbiz.de/10013229817
We present the first direct evidence on the relative quality of public and private healthcare in a low-income setting, using a unique set of audit studies. We sent standardized (fake) patients to rural primary care providers in the Indian state of Madhya Pradesh, and recorded the quality of care...
Persistent link: https://www.econbiz.de/10013018321
Italy, Brazil and then finally India. We also show that autonomous government schools (i.e. government funded but with …
Persistent link: https://www.econbiz.de/10013044342
studies in India that provide unique insight into this issue. First, we use a discrete choice experiment to show that patients …
Persistent link: https://www.econbiz.de/10013323878
We study whether banks are riskier if managers have less liability. We focus on New England between 1867 and 1880 and … consider the introduction of marital property laws that limited liability for newly wedded bankers. We find that banks with …
Persistent link: https://www.econbiz.de/10012911478
banks chartered by the State of New York …
Persistent link: https://www.econbiz.de/10013054869
We provide new empirical evidence suggesting that the marginal investor in mutual funds behaves differently across market conditions. If the marginal investor allocates capital across mutual funds rationally, then the relative performance of funds should be unpredictable. We find however that...
Persistent link: https://www.econbiz.de/10013152571
outcome in a game between banks and the government. A key insight is that regulation and public insurance services (LOLR …
Persistent link: https://www.econbiz.de/10012945614
. The paper proposes a new test of integration based on convergence in banks' profitability. The new test emphasises the … role of an active market for corporate control and of competition in banking integration. European listed banks … profitability appears to converge to a common level. There is weak evidence that competition eliminates high profits for these banks …
Persistent link: https://www.econbiz.de/10012757853