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From Weber to Kafka : political instability and the rise of an inefficient bureaucracy
Gratton, Gabriele; Guiso, Luigi; Michelacci, Claudio; … - 2017
Persistent link: https://www.econbiz.de/10011710713
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From Weber to Kafka : political instability and the rise of an inefficient bureaucracy
Gratton, Gabriele; Guiso, Luigi; Michelacci, Claudio; … - 2017 - This version: May 29, 2017
Persistent link: https://www.econbiz.de/10011803174
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From Weber to Kafka : political activism and the emergence of an inefficient bureaucracy
Gratton, Gabriele; Guiso, Luigi; Michelacci, Claudio; … - 2015 - This version: October 13, 2015
Persistent link: https://www.econbiz.de/10011809624
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From Weber to Kafka : political instability and the overproduction of laws
Gratton, Gabriele; Guiso, Luigi; Michelacci, Claudio; … - In: American economic review 111 (2021) 9, pp. 2964-3003
Persistent link: https://www.econbiz.de/10012614347
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The cost of steering in financial markets : evidence from the mortgage market
Gambacorta, Leonardo; Guiso, Luigi; Mistrulli, Paolo Emilio - 2019
Persistent link: https://www.econbiz.de/10012144577
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The cost of steering in financial markets : evidence from the mortgage market
Gambacorta, Leonardo; Guiso, Luigi; Mistrulli, Paolo Emilio - 2019
Persistent link: https://www.econbiz.de/10012168949
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The Cost of Steering in Financial Markets : Evidence from the Mortgage Market
Guiso, Luigi; Pozzi, Andrea; Tsoy, Anton; Gambacorta, … - 2020
We build a model of the mortgage market where banks attain their optimal mortgage portfolio by setting rates and steering customers. Sophisticated households know which mortgage type is best for them; naive households are susceptible to banks' steering. Using data on the universe of Italian...
Persistent link: https://www.econbiz.de/10014352392
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The Cost of Steering in Financial Markets : Evidence from the Mortgage Market
Gambacorta, Leonardo - 2020
We build a model of the mortgage market where banks attain their optimal mortgage portfolio by setting rates and "steering" customers. "Sophisticated" households know which mortgage type is best for them, while "naïve" ones are susceptible to steering by their banks. Using data on the universe...
Persistent link: https://www.econbiz.de/10012845706
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The cost of steering in financial markets : evidence from the mortgage market
Guiso, Luigi; Pozzi, Andrea; Tsoy, Anton; Gambacorta, … - In: Journal of financial economics 143 (2022) 3, pp. 1209-1226
Persistent link: https://www.econbiz.de/10013402158