Showing 1 - 6 of 6
We investigate the gender specific inter-temporal allocation behavior ofspouses with different deterministic life expectations in an experimentwhere the gender of one's partner is known. In each period of theirlife both partners propose a consumption level one of which is thenrandomly...
Persistent link: https://www.econbiz.de/10005867075
We present an experimental test of a shirking model where monitoring intensityis endogenous and effort a continuous … maximization problem of the firm. As a result, monitoring and pay shouldbe complements. In our experiment, between and within …
Persistent link: https://www.econbiz.de/10005866658
ultimatum game with changing and nonzeroconflict payoffs. The model is also tested in a laboratory experiment. The resultsare …
Persistent link: https://www.econbiz.de/10005866814
This paper extends the model proposed by Goodhart, Sunirand, and Tsomocos (2003, 2004a, b) to an infinite horizon setting. Thus, we are able to assess how the model conforms with the time series data of the U.K. banking system. We conclude that, since the model performs satisfactorily, it can be...
Persistent link: https://www.econbiz.de/10010744867
The objective of this paper is to propose a model to assess risk for banks. Its main innovation is to incorporate … endogenous interaction between banks, recognising that the actual risk to which an individual bank is exposed also depends on its … data and therefore can be implemented as a risk assessment tool for financial regulators and central banks. We address the …
Persistent link: https://www.econbiz.de/10010745460
This paper proposes a measure of financial fragility that is based on economic welfare in a general equilbrium model calibrated against UK data. The model comprises a household sector, three active heterogeneous banks, a central bank/regulator, incomplete markets, and endogenous default. We...
Persistent link: https://www.econbiz.de/10010745512