This paper explores informality in a high income country among women who, at least legally, can take on formal jobs. Specifically, we examine the determinants of paid domestic work in Israel through the lens of existing theoretical frameworks of informality. Using rich administrative data, we...

In this study, we focus on managerial incentives provided by debt-like compensation and further investigate whether and to what extent such managerial incentives may affect CEOs' decisions on risk management. Building on cumulative prospect theory and instrumental stakeholder theory, we propose...