Similar Search Results

Externalities, Incentives, Government Failure, and the Coronavirus Outbreak

de Oliveira Souza, Thiago - 2020

This paper derives and simulates a compartmental model of the Coronavirus outbreak in which individuals have self-interested reactions to the threat of infection, proportional to the heterogeneous risk of complications that they face. As long as high-risk individuals perceive infection as...

Persistent link: https://www.econbiz.de/10012836133

Consumption, Government Failure, and Asset Prices

de Oliveira Souza, Thiago - 2019

The equity premium-risk-free rate level and predictability puzzles in standard power utility consumption-based asset pricing models disappear once we remove the government-imposed component from the consumption expenditure series. I calibrate this component based on the growth rates of two...

Persistent link: https://www.econbiz.de/10012899070

Government Decentralization and the Size of the Nonprofit Sector : Revisiting the Government Failure Theory

Liu, Gao - 2017

This article revisits government failure theory by examining the relationship between government decentralization and … the size of the nonprofit sector (NPS). Government failure theory posits that nonprofits are most active in regions where … theory, government decentralization should decrease the size of the NPS, as it increases the efficiency and heterogeneity of …

Persistent link: https://www.econbiz.de/10012969997

Privatization of PTCL : Corporate Governance Failure

Mangi, Riaz - 2017

Since 1990 Pakistan has sold 166 state-owned enterprises for Rs. 476.5 bn (PKR) to finance deficits and increase efficiencies of the mismanaged corporations to spur economic growth. It is said that strategic monopolies like PTCL should not be privatized because foreign intelligence can gain...

Persistent link: https://www.econbiz.de/10012973082

Privatization of MCB : Corporate Governance Failure

Siddiqui, Kamran - 2017

This paper aims to highlight the failure of corporate governance in banking sector. Banking in Pakistan was predominantly controlled by the state until 1990. The five major commercial banks controlled 100% of the domestic banking market. However in 1990, the government declared privatization as...

Persistent link: https://www.econbiz.de/10012973083

Why Some States Fail : The Role of Culture

Shikida, Claudio D. - 2016

There are many studies on the relationship between economic development and institutions. Institutions can be classified as formal or informal. This article emphasizes the importance of the relationship between culture (informal institutions) and the quality of public goods supplied by the...

Persistent link: https://www.econbiz.de/10013007566

Institutional Failure or Market Failure?

Mathur, Ike - 2018

We investigate the effect of the power of creditors, property rights protection, and institutional quality, on bank profits using a panel of 498 banks from 46 countries. Results show that better institutions and stronger property rights protection reduce bank profits, while stronger power of...

Persistent link: https://www.econbiz.de/10012931241

Market versus government failures under risk and under uncertainty

Ciccarone, Giuseppe - In: Journal of public finance and public choice : JPFPC 35 (2020) 1, pp. 81-106

Persistent link: https://www.econbiz.de/10012656625

Government Failures in Development

Krueger, Anne O. - 2021

This paper takes as a given the proposition that, in many developing countries, governmental policies have been highly distortive and harmful to economic growth. These policies have included omissions, such as neglect of infrastructure, and commission such as highly restrictive trade regimes and...

Persistent link: https://www.econbiz.de/10013215707

Markt- und Politikversagen im Fernsehsektor

Müller, Monica - 1998

Persistent link: https://www.econbiz.de/10012699286