This paper analyses the adjustments of state-owned enterprises in Russia to the economic reforms started in early 1992, drawing on evidence from enterprise visits, larger enterprise surveys, and aggregate data on the enterprise sector, and making direct comparisons to comparable experiences in...

This paper analyzes the optimal design of general nonlinear tax-transfer schedules for couples under unitary and collective approaches to family decision making. We consider a double-extensive model of labor supply where each spouse makes a labor force participation choice for given hours of...

We use equity index options to quantify the distribution of consumption growth disasters. The challenge lies in connecting the risk-neutral distribution of equity returns implied by options to the true distribution of consumption growth estimated from macroeconomic data. We attack the problem...

Combining the agency perspective, resource-based view and upper echelon research, this paper examines factors affecting the implementation of equity based incentive schemes in initial public offerings (IPOs). In line with agency research, the probability of equity-based incentives is negatively...

The environment of Jordanian private hospitals has never been so complex and challenging as at present. There are huge influences on these hospitals in the current climate. Managers in these hospitals are finding themselves, more than ever before, confronted by increasing pressures and demands...

This paper surveys the evidence that environmental auditing systems (EMSs), and the standard setting bodies represented by ISO 14001 and EMAS, have failed to meet their objectives on two counts. First, the standards will not lead to sustainability and second, they will not be any more...

This paper analyzes a tax enforcement field experiment in Denmark. In the base year, a stratified and representative sample of over 40,000 individual income tax filers was selected for the experiment. Half of the tax filers were randomly selected to be thoroughly audited, while the rest were...

This paper analyzes a randomized tax enforcement experiment in Denmark. In the base year, a stratified and representative sample of over 40,000 individual income tax filers was selected for the experiment. Half of the tax filers were randomly selected to be thoroughly audited, while the rest...

Traditional accounts of the history of insurance typically treat demand as a function of the availability of new and lower-cost forms of insurance. This paper draws on more recent research to illustrate the dialectical relationship between the demand for and supply of insurance services as the...

Background: High rates of health needs among adults with intellectual disabilities flag the need for information about the economic consequences of strategies to identify and address unmet needs. Health-check interventions are one such strategy, and have been demonstrated to effect health gains...