Similar Search Results

Coordination in a Repeated Stochastic Game with Imperfect Monitoring

Gerber, Anke; Hens, Thorsten; Vogt, Bodo - Institut für Schweizerisches Bankwesen <Zürich>; … - 2006

We explain excess volatility, short-term momentum and long-term reversal of asset prices by a repeated game version of Keynes beauty contest. In every period the players can either place a buy or sell order on the asset market. The actual price movement is determined by average market orders and...

Persistent link: https://www.econbiz.de/10005859323

Optimal Unemployment Insurance Design:Time Limits, Monitoring, or Workfare?

Fredriksson, Peter; Holmlund, Bertil - 2003

of improving the efficiency of UI: the duration of benefit payments, monitoring in conjunction with sanctions, and … monitoring and sanctions restores search incentives most effectively, since it brings additional incentives to search actively so … monitoring and sanctions than in the other two systems. Workfare appears to be inferior to the other two systems. …

Persistent link: https://www.econbiz.de/10010321532

Improving Incentives in Unemployment Insurance: A Review of Recent Research

Fredriksson, Peter; Holmlund, Bertil - 2003

sequencing of benefits), monitoring in conjunction with sanctions, and workfare. Our reading of the theoretical literature is …

Persistent link: https://www.econbiz.de/10010321601

Privilege-seeking activities in organizational politics and its effect on more productive employees

Epstein, Gil S.; Herniter, Bruce C. - 2011

's losses by engaging in costly monitoring activities. It is paradoxical that a behavior with such negative consequences is …

Persistent link: https://www.econbiz.de/10010335981

Can sickness absence be affected by information meetings? Evidence from a social experiment

Johansson, Per; Lindahl, Erica - 2010

During the last decade several empirical studies have stressed the importance of norms and social interactions for explaining sickness absence behavior. In this context public discussions about the intentions of the insurance, and of the rights and duties of the receivers, may be important for...

Persistent link: https://www.econbiz.de/10010273934

The government as a large shareholder: Impact on firm value and corporate governance

Fernandes, Marcelo; Novaes, Walter - 2015

The subprime crisis led to a wave of government interventions in the private sector that has been particularly strong in Europe and Latin America, where several governments are large shareholders in a variety of public firms. In a sense, the subprime crisis induced these governments to behave as...

Persistent link: https://www.econbiz.de/10011460779

Arm-wrestling in the classroom: The non-monotonic effects of monitoring teachers

Lichand, Guilherme; Wolf, Sharon - 2020

Teacher absenteeism and shirking are common problems in developing countries. While monitoring teachers should … paper provides causal evidence that this might result from non-monotonic effects of monitoring teachers. Cross …

Persistent link: https://www.econbiz.de/10012253773

Reciprocity and the interaction between the unemployed and the caseworker

van den Berg, Gerard J.; Kesternich, Iris; Müller, Gerrit - 2020

We investigate how negatively reciprocal traits of unemployed individuals interact with "sticks" policies imposing constraints on individual job search effort in the context of the German welfare system. For this we merge survey data of long-term unemployed individuals, containing indicators of...

Persistent link: https://www.econbiz.de/10012660603

Mandatory integration agreements for unemployed job seekers: A randomized controlled field experiment in Germany

van den Berg, Gerard J.; Hofmann, Barbara; Stephan, Gesine - 2021

Integration Agreement (IA) are contracts between the employment agency and the unemployed, nudging the latter to comply with rules on search behavior. We designed and implemented an RCT involving thousands of newly unemployed workers, randomizing at the individual level both the timing of the IA...

Persistent link: https://www.econbiz.de/10012660620

Does Diversification Improve the Performance of German Banks? Evidence from Individual Bank Loan Portfolios

Hayden, Evelyn; Porath, Daniel; von Westernhagen, Natalja - 2006

Should banks be diversified or focused? Does diversification indeed lead to increased performance and therefore greater safety on the part of banks as traditional portfolio and banking theory would suggest? This paper investigates the link between banks' profitability and their portfolio...

Persistent link: https://www.econbiz.de/10013370027