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Monitoring In teams: A model and experiment on the central monitor hypothesis
Grosse, Stefan; Putterman, Louis; Rockenbach, Bettina - 2007
Alchian and Demsetz’s (1972) influential explanation of the classical business firm argues that there is need for a concentrated residual claim in the hands of a central agent, to motivate the monitoring of workers. We model monitoring as a way to transform team production from a collective...
Persistent link: https://www.econbiz.de/10010318992
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Is India's employment guarantee program successfully challenging her historical inequalities?
Misra, Kartik - 2019
By providing 100 days of guaranteed employment to every rural household, the National Rural Employment Guarantee Act (NREGA) can challenge the hegemony of the landed elite as major employers in the Indian countryside and raise market wages which have long been depressed. This paper shows that...
Persistent link: https://www.econbiz.de/10012059917
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The dynamic consequences of state-building: Evidence from the French Revolution
Chambru, Cédric; Henry, Emeric; Marx, Benjamin M. - 2022
How do radical reforms of the state shape economic development over time? In 1790, France's first Constituent Assembly overhauled the kingdom's organization to set up new administrative entities and local capitals. In a subset of departments, new capitals were chosen quasi-randomly as the...
Persistent link: https://www.econbiz.de/10013164126
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Economic transformation and growth in the Philippines: An analysis of political settlements, rents, and deals
Felipe, Jesus; Desher, Edgar; Miranda, Brendan - 2023
The main gateway for the Philippines to develop and become an upper-middle-income economy - and eventually, a high …
Persistent link: https://www.econbiz.de/10014474492
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Should we wish the elite to engage in unethical behavior? A consequentialist theory
Brezis, Elise S. - 2024
This paper investigates whether elite interconnections contribute to unethical behavior. It aims to present a clear explanation of how these connections are established, analyze the presence of unethical conduct within them, and assess their impact on the economy and societal welfare. This paper...
Persistent link: https://www.econbiz.de/10014577244
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Jewish law and ethics: The case of the revolving door
Brezis, Elise S. - 2022
What is ethics and how is it related to the legal system and to economics? Are there ethical values in Jewish Law, and could it be that we find in the writing of Hazal [the sages] an interest in job turnover? The purpose of this paper is to answer to those questions by focusing on a specific...
Persistent link: https://www.econbiz.de/10014304176
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Regulating the revolving door of regulators
Brezis, Elise S. - 2023
capture require that the revolving door should be regulated to prevent corruption, while models of abuse of power, in which …
Persistent link: https://www.econbiz.de/10014388410
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A model of tournament incentives with corruption
Wang, Bin; Zheng, Yu - 2018
We provide a theory of how growth, corruption, and a low-powered public-sector pay scale coexist in a stable … widespread corruption. …
Persistent link: https://www.econbiz.de/10012144213
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Access to markets and farm efficiency: A study of rice farms in the Bicol Region, Philippines
DeSilva, Sanjaya - 2011
collected over two decades in a sample of rice farms in the Bicol Region of the Philippines. Our estimates reveal a significant …
Persistent link: https://www.econbiz.de/10010286566
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Inequality, good governance and endemic corruption
Epstein, Gil S.; Gang, Ira N. - 2017
Can a society suffering contests between rich and poor achieve good governance in the face of endemic corruption? We … payments, limiting the state's economic development capability. In the face of extensive corruption, it is challenging for the … that minimizes corruption and is sensitive to the present and future needs of society. To do this it must understand what …
Persistent link: https://www.econbiz.de/10012028603