Showing 1 - 10 of 118
gaps between importer- and exporter-reported trade vary systematically with GDP, tariffs and taxes, auditing standards …
Persistent link: https://www.econbiz.de/10012983673
Private equity funds hold assets that are hard to value. Managers may have an incentive to distort reported valuations if these are used by investors to decide on commitments to subsequent funds managed by the same firm. Using a large dataset of buyout and venture funds, we test for the presence...
Persistent link: https://www.econbiz.de/10012985577
Performance-raising practices tend to diffuse slowly in the health care sector. To understand how incentives drive adoption, I study a practice that generates revenue for hospitals: submitting detailed documentation about patients. After a 2008 reform, hospitals could raise their Medicare...
Persistent link: https://www.econbiz.de/10013224360
Regression discontinuity designs (RDDs) are a popular method to estimate treatment effects. However, RDDs may fail to yield consistent estimates if the forcing variable can be manipulated by the agent. In this paper, we examine one interesting set of economic models with such a feature....
Persistent link: https://www.econbiz.de/10013117577
British Master and Servant law made employee contract breach a criminal offense until 1875. We develop a contracting … model generating equilibrium contract breach and prosecutions, then exploit exogenous changes in output prices to examine … prosecutions, and wages responded more to labor demand shocks. Coercive contract enforcement was applied in industrial Britain …
Persistent link: https://www.econbiz.de/10013124857
Governments often contract with private firms to provide public services such as health care and education. To decrease …
Persistent link: https://www.econbiz.de/10013126203
This expository paper describes the factors that contribute to failure of health insurance markets, and the regulatory mechanisms that have been and can be used to combat these failures. Standardized contracts and creditable coverage mandates are discussed, along with premium support, enrollment...
Persistent link: https://www.econbiz.de/10013108304
. If when an employer and worker establish a relationship they cannot contract on the output and profits of the worker …'s prospective new firm, the employer counters by inducing the worker to sign a contract that prohibits him from competing or …
Persistent link: https://www.econbiz.de/10013069964
employment contract. Each period the employer makes an irrevocable wage offer to the worker who then chooses an effort level. UK …
Persistent link: https://www.econbiz.de/10012963754
potential to increase efficiency and improve resource allocation, contract renegotiations have been pervasive.We show that … renegotiations in the early stages of the contract, e.g. during construction. We use data on Chilean renegotiations of PPP contracts …
Persistent link: https://www.econbiz.de/10013156676