Showing 1 - 10 of 614
-run business groups, domestic financial institutions, and foreign financial institutions. Using data from India in the early 1990s …
Persistent link: https://www.econbiz.de/10012471852
Every firm in a developed economy relies on the mere existence of countless other firms to keep prices competitive up and down all supply chains. Without this network externality, no firm forms; and without many firms, no network forms; locking in a low-income trap. Business group governance...
Persistent link: https://www.econbiz.de/10012482288
, Germany, Japan, India, Italy, the Netherlands, Sweden, the United Kingdom, and the United States. Together, the studies …
Persistent link: https://www.econbiz.de/10012467625
We analyze the history of Japanese foreign exchange interventions from 1971 to 2018. First, we provide the best proxy for monthly interventions for the period from 1971 to 1990, when the intervention timings and amounts were not officially disclosed. The accuracy of the proxy is tested for the...
Persistent link: https://www.econbiz.de/10012479168
? The core design challenge is managing the tradeoff between Type-II errors of inclusion (including corruption) against Type … the delivery of India's largest social protection program (subsidized food) in the state of Jharkhand. By itself … corruption in welfare programs can also generate non-trivial costs in terms of exclusion and inconvenience to genuine …
Persistent link: https://www.econbiz.de/10012479268
Evidence on the implementation of India's National Rural Employment Guarantee Act suggests that the available work is … administrative costs and local corruption. Administrative reforms by the center can have perverse effects. Policy implications are …
Persistent link: https://www.econbiz.de/10012479639
corruption. Students who demonstrate lower levels of prosocial preferences in the laboratory games are also more likely to prefer … corruption do not systematically predict job preferences. We find that a screening process that chooses the highest ability … applicants would not alter the average propensity for corruption among the applicant pool. Our findings imply that differential …
Persistent link: https://www.econbiz.de/10012459014
We study the wealth accumulation of Indian parliamentarians using public disclosures required of all candidates since 2003. Annual asset growth of winners is on average 3 to 6 percentage points higher than runners-up. By performing a within-constituency comparison where both runner-up and winner...
Persistent link: https://www.econbiz.de/10012460564
This paper examines how governance and risk management affect risk-taking in banks. It distinguishes between good risks, which are risks that have an ex ante private reward for the bank on a stand-alone basis, and bad risks, which do not have such a reward. A well-governed bank takes the amount...
Persistent link: https://www.econbiz.de/10011955539
This paper robustly concludes that it cannot. A model is constructed under idealised conditions that presume the risks associated with artificial general intelligence (AGI) are real, that safe AGI products are possible, and that there exist socially-minded funders who are interested in funding...
Persistent link: https://www.econbiz.de/10014437055