This paper examines how college initiatives that ascribe public recognition or written reprimand to a set standard of academic performance impact students' decision-making. Many colleges utilize programs such as the Dean’s list and academic probation policies as mediums to encourage student...

Bank involvement with derivative activities--both for risk management and as a line of business--is considerable, and supervisory authorities are paying heightened attention to securities markets. This paper discusses the components of risk management in terms of legal, operational, credit and...

This background paper of the report MIF/GN-78-4 "Evaluation of MIF Projects - Financial Reform and Capital Markets", November 2002, seeks to give the reader an appreciation of the enormous difficulties under which the MIF began operations. At the beginning of the 1990s, financial legislation,...

Bank involvement with derivative activities--both for risk management and as a line of business--is considerable, and supervisory authorities are paying heightened attention to securities markets. This paper discusses the components of risk management in terms of legal, operational, credit and...

We investigate the presence of gender bias in student evaluation of teaching (SET) scores with a natural field experiment in India. We employ a novel experimental design, randomly assigning 504 economics students to an identical audiovisual class taught either in a female or male voice. We find...

One of the Internal Revenue Services' methods for audit is to pick individuals engaged in transactions with other taxpayers whose tax returns were selected for audit. Such related examination in the audit procedure introduces an externality where one's actions can potentially harm others. It can...

We offer theory and evidence that supports the view that systemic financial crises impact income inequality negatively in richer countries, where institutions, such as social safety nets, work better than in developing countries. More generally, to our knowledge, our work is the first to provide...