Search Results - subject:"Enforcement Constraints"

The compliance of foreign investment projects with local environmental standards and the role (non-role) of the applicable BITs: the case of Ethiopia

Mekonnen, Seid Demeke - In: Journal of Property, Planning and Environmental Law 15 (2023) 1, pp. 20-44

problems, the enforcement constraints and the role of the applicable BITs together in a single publication. They separately … this gap by presenting comprehensive findings that combine the environmental problems and the associated enforcement … constraints as well as the role of the applicable BITs in this regard. It also contributes to the ongoing debate concerning …

Persistent link: https://www.econbiz.de/10014900259

Fiscal rules and discretion under limited enforcement

Halac, Marina; Yared, Pierre - In: Econometrica : journal of the Econometric Society, an … 90 (2022) 5, pp. 2093-2127

Persistent link: https://www.econbiz.de/10013402122

Fiscal rules and discretion under limited enforcement

Halac, Marina; Yared, Pierre - 2019

Persistent link: https://www.econbiz.de/10012211296

Competitive Equilibria with Production and Limited Commitment

Abraham, Arpad; Carceles-Poveda, Eva - Economics Department, State University of New … - 2010

This paper studies a production economy with aggregate uncertainty where consumers have limited commitment on their financial liabilities. Markets are endogenously incomplete due to the fact that the borrowing constraints are determined endogenously. We first show that, if competitive financial...

Persistent link: https://www.econbiz.de/10008836651

Endogenous incomplete markets, enforcement constraints, and intermediation

Abraham, Arpad; Carceles-Poveda, Eva - In: Theoretical Economics 1 (2006) 4, pp. 439-459

Alvarez and Jermann (2000) show that the constrained efficient allocations of endowment economies with imperfect risk sharing due to limited commitment can be decentralized as competitive equilibria with endogenous debt constraints that are not too tight. These are the loosest possible borrowing...

Persistent link: https://www.econbiz.de/10011599378

Endogenous incomplete markets, enforcement constraints, and intermediation

Abraham, Arpad; Carceles-Poveda, Eva - In: Theoretical Economics 1 (2006) 4, pp. 439-459

Persistent link: https://www.econbiz.de/10005730961

Complete Markets, Enforcement Constraints and Intermediation

Abraham, Arpad; Carceles-Poveda, Eva - Society for Computational Economics - SCE - 2006

Alvarez and Jermann (2000) show that the constrained efficient allocations of endowment economies with complete markets and limited commitment can be decentralized with endogenous borrowing limits on the Arrow securities. In a model with capital accumulation, aggregate risk and competitive...

Persistent link: https://www.econbiz.de/10005342884

Endogenous incomplete markets, enforcement constraints, and intermediation

Ábrahám, Árpád; Cárceles-Poveda, Eva - In: Theoretical economics : TE ; an open access journal in … 1 (2006) 4, pp. 439-459

Persistent link: https://www.econbiz.de/10011702765

Complete Markets, Enforcement Constraints and Intermediation

Carceles-Poveda, Eva; Abraham, Arpad - Society for Economic Dynamics - SED - 2005

Persistent link: https://www.econbiz.de/10005051397

Can enforcement constraints explain the patterns of capital flows after financial liberalizations?

Díaz, Julián P. - In: Journal of International Money and Finance 31 (2012) 5, pp. 1180-1194

, enforcement constraints) to produce endogenously slow capital flows. We are left with three main findings. First, enforcement … constraints are helpful frictions for producing slow capital flows. However, these flows do not exhibit the degree of persistence …

Persistent link: https://www.econbiz.de/10011048497