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Cox, Gary W. - 2020

How do parties motivate candidates to exert effort in closed-list elections? If each candidate's primary goal is winning a seat, then those in safe and hopeless list positions have weak incentives to campaign. We present a model in which (i) candidates care about both legislative seats and the...

Persistent link: https://www.econbiz.de/10012830995

Moral hazard, imperfect risk-sharing, and the behavior of asset returns

Kahn, James A. - In: Journal of monetary economics 26 (1990) 1, pp. 27-44

Persistent link: https://www.econbiz.de/10001096492

Wage Risk and the Skill Premium

Slavík, Ctirad - 2020

, individual wage risk has also increased. This paper proposes a mechanism through which a rise in wage risk increases the skill … premium. Intuitively, a rise in uninsured wage risk increases precautionary savings, thereby boosting capital accumulation … that the rise in wage risk observed between 1967 and 2010 increases the skill premium significantly. This finding is robust …

Persistent link: https://www.econbiz.de/10012824576

Discussion of "Uncertainty, investment, and managerial incentives" by Brent Glover and Oliver Levine

Gourio, François - In: Journal of monetary economics 69 (2015), pp. 138-142

Persistent link: https://www.econbiz.de/10011326671

Uncertainty, investment, and managerial incentives

Glover, Brent; Levine, Oliver - In: Journal of monetary economics 69 (2015), pp. 121-137

Persistent link: https://www.econbiz.de/10011326673

Changes in risk and the demand for saving

Eeckhoudt, Louis R.; Schlesinger, Harris - In: Journal of monetary economics 55 (2008) 7, pp. 1329-1336

Persistent link: https://www.econbiz.de/10003791673

Self-enforcing contracts with persistence

Dumav, Martin; Fuchs, William; Lee, Jangwoo - In: Journal of monetary economics 128 (2022), pp. 72-87

Persistent link: https://www.econbiz.de/10013396008

The Pygmalion effect : an agency model with reference dependent preferences

Daido, Kohei; Itoh, Hideshi - 2005

We attempt to formulate and explain two types of self-fulfilling prophecy, called the Pygmalion effect (if a supervisor thinks her subordinates will succeed, they are more likely to succeed) and the Galatea effect (if a person thinks he will succeed, he is more likely to succeed). To this...

Persistent link: https://www.econbiz.de/10010261169

The effects of moral hazard on asset prices when financial markets are complete

Kocherlakota, Narayana Rao - In: Journal of monetary economics 41 (1998) 1, pp. 39-56

Persistent link: https://www.econbiz.de/10001235401

Asset quality cycles

Fukui, Masao - In: Journal of monetary economics 95 (2018), pp. 97-108

Persistent link: https://www.econbiz.de/10012108862

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