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Persistent link: https://www.econbiz.de/10014478146
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We focus on the role that the transmission of information between a multilateral (the IMF) and a country has for the optimal design of conditional reforms. Our model predicts that when agency problems are especially severe, and/or IMF information is valuable, a centralized control is indeed...
Persistent link: https://www.econbiz.de/10005703398
We focus on the role that the transmission of information between a multilateral (the IMF) and a country has for the optimal design of conditional reforms. Our model predicts that when agency problems are especially severe, and/or IMF information is valuable, a centralized control is indeed...
Persistent link: https://www.econbiz.de/10005765434
We focus on the role that the transmission of information between a multilateral (e.g., the IMF) and a country has for optimal (conditional) reform design. The main result is that the informational advantage of the country must be strictly greater than the advantage of the multilateral in order...
Persistent link: https://www.econbiz.de/10004982766
We focus on the role that the transmission of information between a multilateral (e.g., the IMF) and a country has for optimal (conditional) reform design. The main result is that the informational advantage of the country must be strictly greater than the advantage of the multilateral in order...
Persistent link: https://www.econbiz.de/10005013024
We focus on the role that the transmission of information between a multilateral (the IMF) and a country has for the optimal design of conditional reforms. Our model predicts that when agency problems are especially severe, and/or IMF information is valuable, a centralized control is indeed...
Persistent link: https://www.econbiz.de/10005051565
Labelling is an important cue for consumers as it helps to quickly communicate information about a product or …, before launching a multi-level labelling system, it should be tested if a multi-level labelling system can shift market … and the other between no label and a multi-level label. The results suggest that a multi-level labelling system achieves …
Persistent link: https://www.econbiz.de/10011319095
test whether a multi-level labelling approach is comprehensible for consumers and could therefore be an effective tool to …
Persistent link: https://www.econbiz.de/10011319096
Standard economic theory implies that the labelling of cash transfers or cash-equivalents (e.g. child benefits, food … regression discontinuity design, we find robust evidence of a behavioural effect of the labelling. On average households spend 41 …
Persistent link: https://www.econbiz.de/10010331005