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This paper contributes to the debate on the efficacy of IMF's catalytic finance in preventing financial crises. Extending Morris and Shin (2006), we consider that the IMF's intervention policy usually exerts a signaling effect on private creditors and that several interventions in sequence may...
Persistent link: https://www.econbiz.de/10003636488
This paper contributes to the debate on the efficacy of IMF's catalytic finance in preventing financial crises. Extending Morris and Shin (2006), we consider that the IMF's intervention policy usually exerts a signaling effect on private creditors and that several interventions in sequence may...
Persistent link: https://www.econbiz.de/10010301802
Official reports and case studies reveal that China experienced different means of communication with the world powers since it joined the World Trade Organization in 2001. In the first five years, China had public communication with both the United States and the European Union under the...
Persistent link: https://www.econbiz.de/10013020027
experimental literature we find evidence that tipping is motivated by reciprocity, but also by reputation concerns among frequent … users with an established reputation for non-tipping tend to get low effort answers. In addition, we analyse how tipping is … imitator types. -- social preferences ; reciprocity ; moral hazard ; reputation ; Internet ; psychological game theory …
Persistent link: https://www.econbiz.de/10003833189
Itaya et al. (2014) study the conditions for sustainability and stability of capital tax coordination in a repeated game model with tax-revenue maximizing governments. One of their major results is that the grand tax coalition is never stable and sustainable. The purpose of this note is to prove...
Persistent link: https://www.econbiz.de/10010383847
Itaya et al. (2014) study the conditions for sustainability and stability of capital tax coordination in a repeated game model with tax-revenue maximizing governments. One of their major results is that the grand tax coalition is never stable and sustainable. The purpose of this note is to prove...
Persistent link: https://www.econbiz.de/10010418792
Persistent link: https://www.econbiz.de/10011459833
Persistent link: https://www.econbiz.de/10003500050
Persistent link: https://www.econbiz.de/10003992204
experimental literature we find evidence that tipping is motivated by reciprocity, but also by reputation concerns among frequent … users with an established reputation for non-tipping tend to get low effort answers. In addition, we analyse how tipping is …
Persistent link: https://www.econbiz.de/10010266676