Showing 1 - 10 of 13,229
Persistent link: https://www.econbiz.de/10011434797
Persistent link: https://www.econbiz.de/10001412210
Persistent link: https://www.econbiz.de/10001588921
. Our hypothesis is that inadequate contract enforcement has hindered investment and, in consequence, indirectly has had a … measure the quality of contract enforcement. We then introduce one measure that has the advantages of being measurable into … the past and not depending on subjective judgments; namely, the “contract intensive money” (CIM) indicator proposed by …
Persistent link: https://www.econbiz.de/10013087927
The author examines the impact of incomplete risk-sharing on growth and welfare. The source of market incompleteness in the economy is private information: a household's idiosyncratic productivity shock is not observable by others. Risk-sharing between households occurs through long-term...
Persistent link: https://www.econbiz.de/10014179172
Persistent link: https://www.econbiz.de/10001788021
Persistent link: https://www.econbiz.de/10003871263
Persistent link: https://www.econbiz.de/10010378899
crisis: a deterioration in contract enforceability and an increase in nonperforming loans. As a result, the credit crunch in …
Persistent link: https://www.econbiz.de/10011402509