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Short-term contracts as a monitoring device
Rey, Patrick - 1993
Persistent link: https://www.econbiz.de/10000885423
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Contract theory and macroeconomic fluctuations
Stiglitz, Joseph E. - In: Contract economics, (pp. 292-322). 1992
Persistent link: https://www.econbiz.de/10001282062
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Short-term contracts as a monitoring device
Rey, Patrick; Stiglitz, Joseph E. - 1994
Persistent link: https://www.econbiz.de/10000895476
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Short-Term Contracts as a Monitoring Device
Rey, Patrick - 1993
This paper focuses on two separate problems. The first is that frequently, the most profitable use of funds involves long-term investments, which militiates for long-term debt contracts. The second problem is to monitor the investor's use of funds, as exemplified by the U.S. S&L saga, and we...
Persistent link: https://www.econbiz.de/10012474431
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Short-Term Contracts as a Monitoring Device
Rey, Patrick; Stiglitz, Joseph E. - 2021
This paper focuses on two separate problems. The first is that frequently, the most profitable use of funds involves long-term investments, which militiates for long-term debt contracts. The second problem is to monitor the investor's use of funds, as exemplified by the U.S. S&L saga, and we...
Persistent link: https://www.econbiz.de/10013230189
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The design of financial systems for the newly emerging democracies of Eastern Europe
Stiglitz, Joseph E. - In: The emergence of market economies in Eastern Europe, (pp. 161-184). 1992
Persistent link: https://www.econbiz.de/10001282483
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Alcuni aspetti teorici delle privatizzazioni : applicazione all'Europa orientale
Stiglitz, Joseph E. - In: Rivista di politica economica 81 (1992) 12, pp. 199-224
Persistent link: https://www.econbiz.de/10001339807
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The transition process in postcommunist societies: toward a political economy of property rights
Hoff, Karla Ruth; Stiglitz, Joseph E. - In: Toward pro-poor policies : aid, institutions and …, (pp. 231-245). 2004
Persistent link: https://www.econbiz.de/10002123246
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Le processus de transition dans les économies post-communistes : vers une économie politique des droits de propriété
Hoff, Karla Ruth; Stiglitz, Joseph E. - In: Revue d'économie du développement : revue trimestrielle 11 (2003) 2/3, pp. 91-109
Persistent link: https://www.econbiz.de/10002194260
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New bridges across the chasm : macro and institutional strategies for transitional economies
Ellerman, David P.; Stiglitz, Joseph E. - In: New thinking in macroeconomics : social, institutional, …, (pp. 30-50). 2003
Persistent link: https://www.econbiz.de/10001847306