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The papers in this volume were commissioned with the aim of exploring the significant structural changes in the financial system over the past decade or so and the implications for policy-makers charged with the responsibility of maintaining financial system stability
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bivariate system, broken homes, criminal records of parents and personal indebtedness turn out as highly relevant factors of …
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voice, transparency, and accountability among grassroots organizations. The experiment consists of randomly providing sub … capacity to improve outcomes. In such settings, major transparency related reforms might be needed to improve public service …
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The welcome rise of replication tests in economics has not been accompanied by a single, clear definition of replication. A discrepant replication, in current usage of the term, can signal anything from an unremarkable disagreement over methods to scientific incompetence or misconduct. This...
Persistent link: https://www.econbiz.de/10011268328
We investigate the potential of transparency to influence committee decision-making. We present a model in which career … three levels of transparency under which career concerns are predicted to affect behavior differently, and test the model …'s key predictions in a laboratory experiment. The model's predictions are largely borne out – transparency negatively …
Persistent link: https://www.econbiz.de/10011273190
This paper examines whether access to information enhances political accountability. Based upon the results of Brazil’s recent anti-corruption program that randomly audits municipal expenditures of federally-transferred funds, it estimates the effects of the disclosure of local government...
Persistent link: https://www.econbiz.de/10005761657
We provide an explanation for peer pressure in teams based on inequity aversion. Analyzing a two-period model with two agents, we find that the effect of inequity aversion strongly depends on the information structure. When contributions are unobservable, agents act as if they were purely...
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