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Articles 9541 - 9570 of 33876
Full-Text Articles in Entire DC Network
Reputation With Opportunities For Coasting, Heski Bar-Isaac, Joyee Deb
Reputation With Opportunities For Coasting, Heski Bar-Isaac, Joyee Deb
Cowles Foundation Discussion Papers
Reputation concerns can discipline agents to take costly effort and generate good outcomes. But what if outcomes are not always observed? We consider a model of reputation with shifting observability, and ask how this affects agents’ incentives. We identify a novel and intuitive mechanism by which infrequent observation or inattention can actually strengthen reputation incentives and encourage effort. If an agent anticipates that outcomes may not be observed in the future, the benefits from effort today are enhanced due to a “coasting” effect. By investing effort when outcomes are more likely observed, the agent can improve her reputation, and when …
Reputation Building Under Uncertain Monitoring, Joyee Deb, Yuhta Ishii
Reputation Building Under Uncertain Monitoring, Joyee Deb, Yuhta Ishii
Cowles Foundation Discussion Papers
We study a canonical model of reputation between a long-run player and a sequence of short-run opponents, in which the long-run player is privately informed about an uncertain state that determines the monitoring structure in the reputation game. The long-run player plays a stage-game repeatedly against a sequence of short-run opponents. We present necessary and sufficient conditions (on the monitoring structure and the type space) to obtain reputation building in this setting. Specifically, in contrast to the previous literature, with only stationary commitment types, reputation building is generally not possible and highly sensitive to the inclusion of other commitment types. …
Optimal Inference In A Class Of Regression Models, Timothy B. Armstrong, Michal Kolesár
Optimal Inference In A Class Of Regression Models, Timothy B. Armstrong, Michal Kolesár
Cowles Foundation Discussion Papers
We consider the problem of constructing confidence intervals (CIs) for a linear functional of a regression function, such as its value at a point, the regression discontinuity parameter, or a regression coefficient in a linear or partly linear regression. Our main assumption is that the regression function is known to lie in a convex function class, which covers most smoothness and/or shape assumptions used in econometrics. We derive finite-sample optimal CIs and sharp efficiency bounds under normal errors with known variance. We show that these results translate to uniform (over the function class) asymptotic results when the error distribution is …
Deposit Insurance: Theories And Facts, Charles W. Calomiris, Matthew Jaremski
Deposit Insurance: Theories And Facts, Charles W. Calomiris, Matthew Jaremski
Documents
No abstract provided.
Bank Of Slovenia Financial Stability Review, January 2016, Banka Slovenjie/Central Bank Of Slovenije
Bank Of Slovenia Financial Stability Review, January 2016, Banka Slovenjie/Central Bank Of Slovenije
Documents
No abstract provided.
Financial Stability Report, Magyar Nemzeti Bank (Mnb)
A Review Of Macroprudential Policy In The Eu In 2015, European Union: European Systemic Risk Board (Esrb)
A Review Of Macroprudential Policy In The Eu In 2015, European Union: European Systemic Risk Board (Esrb)
Documents
No abstract provided.
Bis Working Papers: No. 565: The Collateral Trap, Frederic Boissay, Russell Cooper
Bis Working Papers: No. 565: The Collateral Trap, Frederic Boissay, Russell Cooper
Documents
No abstract provided.
Forming Wh-Questions In Shona: A Comparative Bantu Perspective, Jason Zentz
Forming Wh-Questions In Shona: A Comparative Bantu Perspective, Jason Zentz
Linguistics Graduate Dissertations
Bantu languages, which are spoken throughout most of sub-Saharan Africa, permit wh- questions to be constructed in multiple ways, including wh-in-situ, full wh-movement, and partial wh-movement. Shona, a Bantu language spoken by about 13 million people in Zimbabwe and Mozambique, allows all three of these types. In this dissertation, I conduct the first in-depth examination of Shona wh-questions, drawing on fifty hours of elicitation with a native speaker consultant to explore the derivational relationships among these strategies. Wh-in-situ questions have received a wide variety of treatments in the syntactic lit- erature, ranging from covert or disguised movement to postsyntactic binding …
Internal Affairs: Untold Case Studies Of World War I German Internment, Jacob L. Wasserman
Internal Affairs: Untold Case Studies Of World War I German Internment, Jacob L. Wasserman
Kaplan Senior Essay Prize for Use of Library Special Collections
Internment of German-Americans and Germans in the United States as the country entered World War I marked a turn in the relationship between America’s governing institutions, its citizens, and its non-citizen aliens. The power and reach of the American state inflected upwards during World War I. Internment was the most drastic facet of a new state involvement in the makeup and dynamics of communities and the liberties and perceptions of minorities. Aside from whether such an effort was justified, internment lies at a crucial point in a sustained American history of powerful state (and state-like) actors interacting with newcomers and …
The Roots Of Radicalism: Natural Rights, Corporate Liberty, And Regional Factions In Colonial Connecticut, 1740-1766, Thomas Hopson
The Roots Of Radicalism: Natural Rights, Corporate Liberty, And Regional Factions In Colonial Connecticut, 1740-1766, Thomas Hopson
Kaplan Senior Essay Prize for Use of Library Special Collections
This essay traces the roots of radicalism in Connecticut to the religious and economic upheavals of the early 1740s. Thereafter, radical ideas developed through debates over the independence of Yale College, the nature of the colony's religious institutions, and the territorial expansion of a proprietary company. These debates had important similarities: All three addressed the validity of natural rights and the scope of corporate liberty, the right of groups to run themselves without outside interference. Moreover, the debates were politically bundled; the same men who held radical views on religion also held radical views on expansion. This faction led the …
Nota Bene: News From The Yale Library, Spring 2016, Amanda Patrick
Nota Bene: News From The Yale Library, Spring 2016, Amanda Patrick
Nota Bene
Nota Bene is published during the academic year to acquaint the Yale community and others with the resources of the Yale Library.
Troubled Asset Relief Program: Capital Purchase Program Largely Has Wound Down, United States: Government Accountability Office (Gao)
Troubled Asset Relief Program: Capital Purchase Program Largely Has Wound Down, United States: Government Accountability Office (Gao)
Documents
No abstract provided.
Republic Of Slovenia: 2016 Article Iv Consultation: Press Release And Staff Report For Republic Of Slovenia, International Monetary Fund (Imf)
Republic Of Slovenia: 2016 Article Iv Consultation: Press Release And Staff Report For Republic Of Slovenia, International Monetary Fund (Imf)
Documents
No abstract provided.
Mechanism Design With Partially Verifiable Information, Roland Strausz
Mechanism Design With Partially Verifiable Information, Roland Strausz
Cowles Foundation Discussion Papers
In mechanism design with (partially) verifiable information, the revelation principle obtains in full generality if allocations are modelled as the product set of outcomes and verifiable information. Incentive constraints fully characterize the implementable set of these product-allocations. The revelation principle does not generally hold when an allocation is modelled as only an outcome. However, any outcome of an implementable product-allocation is also implementable under this restricted modelling, provided that the mechanism designer can expand communication by adding unverifiable messages and restrict communication by limiting the use of messages. A canonical representation of such mechanisms is presented, implying that an inalienable …
The Incidence Of Carbon Taxes In U.S. Manufacturing: Lessons From Energy Cost Pass-Through, Sharat Ganapati, Joseph S. Shapiro, Reed Walker
The Incidence Of Carbon Taxes In U.S. Manufacturing: Lessons From Energy Cost Pass-Through, Sharat Ganapati, Joseph S. Shapiro, Reed Walker
Cowles Foundation Discussion Papers
This paper studies how changes in energy input costs for U.S. manufacturers affect the relative welfare of manufacturing producers and consumers (i.e. incidence). In doing so, we develop a partial equilibrium methodology to estimate the incidence of input taxes that can simultaneously account for three determinants of incidence that are typically studied in isolation: incomplete pass-through of input costs, differences in industry competitiveness, and factor substitution amongst inputs used for production. We apply this methodology to a set of U.S. manufacturing industries for which we observe plant-level unit prices and input choices. We find that about 70 percent of energy …
Expected Worth For 2 × 2 Matrix Games With Variable Grid Sizes, Michael R. Powers, Martin Shubik, Wen Wang
Expected Worth For 2 × 2 Matrix Games With Variable Grid Sizes, Michael R. Powers, Martin Shubik, Wen Wang
Cowles Foundation Discussion Papers
We offer a detailed examination of a broad class of 2 × 2 matrix games as a first step toward considering measures of resource distribution and efficiency of outcomes. In the present essay, only noncooperative equilibria and entropic outcomes are considered, and a crude measure of efficiency employed. Other solution concepts and the formal construction of an efficiency index will be addressed in a companion paper.
Optimal Inference In A Class Of Regression Models, Timothy B. Armstrong, Michal Kolesár
Optimal Inference In A Class Of Regression Models, Timothy B. Armstrong, Michal Kolesár
Cowles Foundation Discussion Papers
We consider the problem of constructing confidence intervals (CIs) for a linear functional of a regression function, such as its value at a point, the regression discontinuity parameter, or a regression coefficient in a linear or partly linear regression. Our main assumption is that the regression function is known to lie in a convex function class, which covers most smoothness and/or shape assumptions used in econometrics. We derive finite-sample optimal CIs and sharp efficiency bounds under normal errors with known variance. We show that these results translate to uniform (over the function class) asymptotic results when the error distribution is …
Banking Reform In Nigeria – The Aftermath Of The 2009 Financial Crisis, Yomi Makanjuola
Banking Reform In Nigeria – The Aftermath Of The 2009 Financial Crisis, Yomi Makanjuola
Documents
Book on the Nigerian experience following the 2009 financial crisis from the standpoint of the CBN.
Indkaldelse Til Ordinær Generalforsamling, Andelskassen J.A.K Slagelse
Indkaldelse Til Ordinær Generalforsamling, Andelskassen J.A.K Slagelse
Documents
No abstract provided.
Commission Decision Of 29.04.2016 On The State Aid Sa.39543 (2015/N), Sa.41134 (2015/N), Sa.41925 (2015/N), Sa.43547 (2015/N) Implemented By Italy: Amendment To The Resolution Of Banca Marche, Banca Etruria, Carife And Carichieti, European Union: European Commission
Commission Decision Of 29.04.2016 On The State Aid Sa.39543 (2015/N), Sa.41134 (2015/N), Sa.41925 (2015/N), Sa.43547 (2015/N) Implemented By Italy: Amendment To The Resolution Of Banca Marche, Banca Etruria, Carife And Carichieti, European Union: European Commission
Documents
No abstract provided.
Rapporto Sulla Stabilita Finanziaria, Banca D'Italia/Central Bank Of Italy
Rapporto Sulla Stabilita Finanziaria, Banca D'Italia/Central Bank Of Italy
Documents
No abstract provided.
Assessment Report, Annual Report Etc. For Andelskassen Jak Slagelse Under Control, Finansiel Stabilitet (Fsc)
Assessment Report, Annual Report Etc. For Andelskassen Jak Slagelse Under Control, Finansiel Stabilitet (Fsc)
Documents
No abstract provided.
Principal Terms And Conditions For The Funds-Supplying Operation To Support Financial Institutions In Disaster Areas Of The 2016 Kumamoto Earthquake (Invalid), Bank Of Japan/Central Bank Of Japan
Principal Terms And Conditions For The Funds-Supplying Operation To Support Financial Institutions In Disaster Areas Of The 2016 Kumamoto Earthquake (Invalid), Bank Of Japan/Central Bank Of Japan
Documents
No abstract provided.
Annual Report For The National Resolution Fund, European Union: European Commission
Annual Report For The National Resolution Fund, European Union: European Commission
Documents
No abstract provided.
Valuation Per October 5, 2015 Of Andelskassen J.A.K. Slagelse Under Control In Accodance With The Restrucutring Act And Settlement Of Certain Financial Companies, Pricewaterhousecoopers (Pwc)
Valuation Per October 5, 2015 Of Andelskassen J.A.K. Slagelse Under Control In Accodance With The Restrucutring Act And Settlement Of Certain Financial Companies, Pricewaterhousecoopers (Pwc)
Documents
No abstract provided.
Cdic: Funding, Taiwan: Central Deposit Insurance Corporation
Cdic: Funding, Taiwan: Central Deposit Insurance Corporation
Documents
No abstract provided.
Spain: Programme Overview, European Stability Mechanism
Spain: Programme Overview, European Stability Mechanism
Documents
No abstract provided.
What Are The Macroeconomic Effects Of Asset Purchases?, Tomasz Wieladek, Martin Weale
What Are The Macroeconomic Effects Of Asset Purchases?, Tomasz Wieladek, Martin Weale
Documents
No abstract provided.
Fakten Zur Hypo Alpe Adria, Republic Of Austria: Financial Market Authority
Fakten Zur Hypo Alpe Adria, Republic Of Austria: Financial Market Authority
Documents
No abstract provided.