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The role of sickness in the evaluation of job search assistance and sanctions

Berg, Gerard J. van den; Hofmann, Barbara; Uhlendorff, Arne - 2016

Unemployment insurance agencies may combat moral hazard by punishing refusals to apply to assigned vacancies. However, the possibility to report sick creates an additional moral hazard, since during sickness spells, minimum requirements on search behavior do not apply. This reduces the ex ante...

Persistent link: https://www.econbiz.de/10011418245

Government intervention through an implicit federal backstop : is there a link to market power?

Eckles, David L.; Hilliard, James I. - In: The Geneva papers on risk and insurance - issues and … 40 (2015) 3, pp. 538-555

Persistent link: https://www.econbiz.de/10011419063

Public policy for venture capital

Keuschnigg, Christian; Nielsen, Søren Bo - 2001

This paper proposes a simple partial equilibrium model to investigate the effects of government policy on venture capital backed investments. Giving up an alternative career, entrepreneurs focus their effort on a single, high risk venture each. Venture capitalists acquire an equity stake and...

Persistent link: https://www.econbiz.de/10011398877

Value creation and value capture under moral hazard : exploring the micro-foundations of buyer- supplier relationships

Obloj, Tomasz; Zemsky, Peter - In: Strategic management journal 36 (2015) 8, pp. 1146-1163

Persistent link: https://www.econbiz.de/10011398906

Innovation, delegation, and asset price swings

Sato, Yuki - 2015

We propose a dynamic asset-market equilibrium model in which (1) an "innovative" asset with as-yet-unknown average payoff is traded, and (2) investors delegate investment to experts. Experts secretly renege on investors' orders and take on leveraged positions in the asset to manipulate...

Persistent link: https://www.econbiz.de/10011293484

Sourcing with deferred payment and inspection under supplier product adulteration risk

Rui, Huaxia; Lai, Guoming - In: Production and operations management : an international … 24 (2015) 6, pp. 934-946

Persistent link: https://www.econbiz.de/10011296751

Understanding "The Problem of Social Cost"

Baffi, Enrico - In: Journal of advanced research in law and economics : JARLE 4 (2013) 1, pp. 46-52

Persistent link: https://www.econbiz.de/10010530280

Can compulsory dialogues nudge sick-listed workers back to work?

Markussen, Simen; Røed, Knut; Schreiner, Ragnhild C. - 2015

We evaluate the impacts of a compulsory dialogue meeting for long-term sick-listed workers in Norway. The meeting is organised by the local social security administration after around six months of absence, and its purpose is to bring together the absentee, the employer, and the family physician...

Persistent link: https://www.econbiz.de/10010532519

Macro-prudential policies, moral hazard and financial fragility

Arango, Carlos A.; Valencia, Oscar M. - 2015

liquidation of their investments. The likelihood of this happening depends on the bank management efforts to keep the bank … financially sound and the degree of bank leverage. We study the properties of this model under different monetary and macro … between bank leverage and bank management incentives as a result of monetary, productivity and financial shocks. We find that …

Persistent link: https://www.econbiz.de/10011279767

Testing for asymmetric information in reinsurance markets

Yan, Zhiqiang; Hong, Liang - In: The Geneva papers on risk and insurance - issues and … 40 (2015) 1, pp. 29-46

Persistent link: https://www.econbiz.de/10011280105