Search Results - subject:"Incentive Problems"

A maximum principle for control problems with monotonicity constraints

Hellwig, Martin - 2008

incentive problems with hidden characteristics when the type set is a continuum and preferences satisfy a single …

Persistent link: https://www.econbiz.de/10010264833

Economic Growth and Integration in Central America

Schipke, Alfred; Desruelle, Dominique - International Monetary Fund (IMF) - 2007

How to entrench hard-won gains, increase resilience to shocks, and improve growth performance to reduce poverty? As Central America moves forward in regaining macroeconomic stability, these are the challenges. This study analyzes Central Americaâ€™s real, fiscal, monetary, and financial...

Persistent link: https://www.econbiz.de/10005590924

Managerial Incentive Problems and Return Distributions

Szalay, Dezso; Yokeeswaran, Venuga - C.E.P.R. Discussion Papers - 2014

We study a model of managerial incentive problems where a manager chooses the first two moments of his firm's profit …

Persistent link: https://www.econbiz.de/10011145428

The Welfare State -- Background, Achievements, Problems

Lindbeck, Assar - Institutet för Näringslivsforskning (IFN) - 2006

This paper starts out with a brief discussion of the historical background, the justifications and the political forces behind the built up of the modern welfare state. It also summarizes its major achievements in terms of economic efficiency and redistribution. The paper also tries to identify...

Persistent link: https://www.econbiz.de/10005645293

Incentive Problems with Unidimensional Hidden Characteristics: A Unified Approach

Hellwig, Martin - Max-Planck-Institut zur Erforschung von … - 2006

The paper develops a technique for studying incentive problems with unidimensional hidden characteristics in a way that …://www.coll.mpg.de Incentive Problems with Unidimensional Hidden Characteristics: A Uni�ed Approach Martin F. Hellwig Max Planck Institute for … paper develops a uni�ed approach for studying incentive problems with unidimensional hidden characteristics. The approach …

Persistent link: https://www.econbiz.de/10005272711

The Welfare State - Background, Achievements, Problems

Lindbeck, Assar - 2006

Persistent link: https://www.econbiz.de/10010320118

Bank capital and the optimal capital structure of an economy

Gersbach, Hans - In: European economic review : EER 64 (2013), pp. 241-255

Persistent link: https://www.econbiz.de/10010360135

Bank capital and the optimal capital structure of an economy

Gersbach, Hans - In: European Economic Review 64 (2013) C, pp. 241-255

are faced with incentive problems and equity is scarce. Increasing bank equity may mitigate the bank-level moral hazard …

Persistent link: https://www.econbiz.de/10010729790

Interview with Assar Lindbeck

Gylfason, Thorvaldur - 2005

Macroeconomic Dynamics commissioned this interview with Assar Lindbeck for a series of such conversations with economists, starting with Duncan Foley's interview with Wassily Leontief in 1998. Other interviews in the series include Ben McCallum's interview with Robert Lucas (1999), Olivier...

Persistent link: https://www.econbiz.de/10010261144

Chile; Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Monetary and Financial Policy Transparency, Banking Supervision, and Securities Regulation

International Monetary Fund (IMF); International … - 2004

This paper highlights key findings of the Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on Monetary and Financial Policy Transparency, Banking Supervision, and Securities Regulation for Chile. The assessment reveals the Chilean banking system...

Persistent link: https://www.econbiz.de/10005252960