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In the last two decades prolonged instances of corporate wrongdoing in Europe have been un-covered: from Siemens’ systemic bribery to HSBC and other major bank’s money laundering issues, Dieselgate, LIBOR price-rigging, and the recent Wirecard debacle. What has driven European firms to...
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We evaluate reforms to the U.S. tax system in a dynamic setup with heterogeneous married and single households, and …
Persistent link: https://www.econbiz.de/10003722991
While the savings of retired singles tend to fall with age, those of retired couples tend to rise. We estimate a rich model of retired singles and couples with bequest motives and uncertain longevity and medical expenses. Our estimates imply that while medical expenses are an important driver of...
Persistent link: https://www.econbiz.de/10012583502
In this paper, football data from the 2007/2008 to 2016/2017 seasons of the Italian Serie A were used to identify the effects of replacing a coach mid-season due to poor team performance. We used an instrumental variable approach to correlate coach turnover within a season with player...
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bank risk taking, and its interaction with a regulator's optimization problem. The regulator uses its macroprudential tool … the monetary policy rate tilts the regulator's entire trade-off. The authors show that the regulator allows interest rate …
Persistent link: https://www.econbiz.de/10011797689
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We evaluate the effects of a 10-week intervention that randomly provided access to remote coaching to parents of preschool children over the summer break in Peru. In response to learning losses during school closures induced by COVID-19, education coaches offered guidance and encouragement to...
Persistent link: https://www.econbiz.de/10014495606