Narrow search
Showing 1 - 10 of 264
Cover Image
Shared mandates, moral hazard, and political (mis)alignment in a decentralized economy
Estache, Antonio; Garsous, Grégoire; Motta, Ronaldo … - 2015
This paper investigates the effects of political (mis)alignment on public service delivery when mandates are shared between state and local governments. We analyze sewage treatment policies in the state of São Paulo, Brazil. Relying on difference-in-differences estimations, we establish a...
Persistent link: https://www.econbiz.de/10011292985
Cover Image
Generosity versus duration trade-off and the optimization ability of the unemployed
Khoury, Laura - 2019
Persistent link: https://www.econbiz.de/10012001840
Cover Image
Countering moral hazard in higher education : the role of performance incentives in need-based grants
Montalbán, José - 2019
Persistent link: https://www.econbiz.de/10012024215
Cover Image
Dynamic, incentive-compatible contracting for health services
Levaggi, Rosella; Moretto, Michele; Pertile, Paolo - 2023
This paper aims to characterise a dynamic, incentive-compatible contract for the provision of health services, allowing for both moral hazard and adverse selection. Patients' severity changes over time following a stochastic process and is private information of the provider. We characterise the...
Persistent link: https://www.econbiz.de/10014342117
Cover Image
Price regulation in credit markets : a trade-off between consumer protection and credit access
Cuesta, José Ignacio; Sepúlveda Almarza, Alberto - 2021
Persistent link: https://www.econbiz.de/10012629012
Cover Image
Blue-collar crime and finance
Bernales, Alejandro; Beuermann, Diether W.; Cumming, … - 2019
Relatively little is known about the effects of blue-collar crime (theft, robbery, vandalism or arson) on financial decisions. Previous literature has focused its attention either on 'regional' crime rates or the 'perception' of crime as business obstacles. Instead, we examine financing terms of...
Persistent link: https://www.econbiz.de/10012028574
Cover Image
Bond finance and the leverage ratio
Guender, Alfred V. - 2022
Persistent link: https://www.econbiz.de/10013545693
Cover Image
Who gives and receives substantial financial transfers in Britain?
Boileau, Bee; Sturrock, David - 2023
We document key patterns in the flow of significant gifts and loans between friends and family in Great Britain, using … newly-available data from the Wealth and Assets Survey. We identify a number of new stylised facts. Gifts and loans are … generally intergenerational transfers: 83% of the value of gifts and 68% of the value of loans is made by parents to their …
Persistent link: https://www.econbiz.de/10014372103
Cover Image
What drives the timing of inter-vivos transfers?
Boileau, Bee; Sturrock, David - 2023
Understanding the drivers of wealth transfers during life is crucial to understanding the intergenerational transmission of inequality, the optimal design of social insurance, and the efficacy of expansionary fiscal policy. To shed light on this, we analyse the relationships between giving and...
Persistent link: https://www.econbiz.de/10014372112
Cover Image
An empirical analysis of the cost of borrowing
Faria e Castro, Miguel; Jordan-Wood, Samuel; Kozlowski, … - 2024
Persistent link: https://www.econbiz.de/10015069805