Direkt zur Hauptnavigation springen Direkt zum Inhalt springen
info(at)avldigital.remove-this.de
Deutsch English
Letzte Suchanfragen

Ergebnisse für *

Zeige Ergebnisse 1 bis 15 von 15.

  1. Sensitivity to calibrated parameters
    Autor*in: Jørgensen, Thomas H.
    Erschienen: [2021]
    Verlag:  Cemmap, Centre for Microdata Methuods and Practice, The Institute for Fiscal Studies, Department of Economics, UCL, [London]

    A common approach to estimation of dynamic economic models is to calibrate a sub-set of model parameters and keep them fixed when estimating the remaining parameters. Calibrated parameters likely affect conclusions based on the model but estimation... mehr

    Zugang:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 243
    Fernleihe:
    keine Fernleihe

     

    A common approach to estimation of dynamic economic models is to calibrate a sub-set of model parameters and keep them fixed when estimating the remaining parameters. Calibrated parameters likely affect conclusions based on the model but estimation time often makes a systematic investigation of the sensitivity to calibrated parameters infeasible. I propose a simple and computationally low-cost measure of the sensitivity of parameters and other objects of interest to the calibrated parameters. In the main empirical application, I revisit the analysis of life-cycle savings motives in Gourinchas and Parker (2002) and show that some estimates are sensitive to calibrations.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/241949
    Schriftenreihe: Cemmap working paper ; CWP21, 13
    Schlagworte: Sensitivity; Transparency; Structural Estimation; Calibration; Savings Motives
    Umfang: 1 Online-Ressource (circa 35 Seiten), Illustrationen
  2. Do civil servants respond to behavioral interventions?
    a field experiment
    Autor*in: Scartascini, Carlos G.; Zamora, Paula
    Erschienen: November 2021
    Verlag:  Inter-American Development Bank, Department of Research and Chief Economist, [Washington, DC]

    Introducing financial incentives to increase productivity in the public sector tends to be politically and bureaucratically cumbersome, particularly in developing countries. Behavioral interventions could be a low-cost alternative, both politically... mehr

    Zugang:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 144
    Fernleihe:
    keine Fernleihe

     

    Introducing financial incentives to increase productivity in the public sector tends to be politically and bureaucratically cumbersome, particularly in developing countries. Behavioral interventions could be a low-cost alternative, both politically and financially, although evidence of their effectiveness remains scarce. We evaluate the effect of redesigning the notice requiring civil servants in Buenos Aires to comply with citizens requests under Argentina's freedom of information act. The new notice, sent to the treatment group, attempts to exploit salience, deterrence, clarity, and social norms to increase adherence to deadlines. The results show an increase in the share of requests fulfilled by the second deadline, possibly because of a strong anchoring effect. These findings indicate that behavioral interventions can affect civil servants' actions. The fact that the intervention occurred at the same time as a civil service training program with sessions attended by members of both the control and treatment groups allows us to evaluate spillover effects. The evidence suggests that the time it takes a members of the treatment group to respond to a request increases with her interactions with members of the control group at the workshops. These findings have implications for policy design. First, they indicate that behavioral interventions could affect task compliance and productivity in the public sector. Second, they provide evidence that workshops may not always have the intended consequences, particularly when they increase interactions among employees with high and low incentives for task compliance.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/252344
    Schriftenreihe: IDB working paper series ; no IDB-WP-1218
    Schlagworte: Behavioral economics; Nudge; Civil servants; Freedom of information act; Public administration; State capacity; Incentives; Transparency; Anchoring
    Umfang: 1 Online-Ressource (circa 48 Seiten), Illustrationen
  3. TRIPS flexibilities and TRIPS-plus provisions in the RCEP chapter on intellectual property: how much policy space is retained?
    Autor*in: Ido, Vitor Henrique Pinto
    Erschienen: [2021]
    Verlag:  South Centre, Geneva

    The Regional Comprehensive Economic Partnership (RCEP) was signed on 15 November 2020 by 15 Asian-Pacific countries (ASEAN-Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam-, and China,... mehr

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 751
    Fernleihe:
    keine Fernleihe

     

    The Regional Comprehensive Economic Partnership (RCEP) was signed on 15 November 2020 by 15 Asian-Pacific countries (ASEAN-Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam-, and China, Japan, South Korea, Australia and New Zealand), comprising about one third of the world's population and economy. India was a crucial party to the negotiations but opted out of the agreement. Ratification of the agreement is still pending, subject to more Parties ratifying it at the national level. This paper provides a broad overview of the RCEP agreement and discusses the details of the intellectual property (IP) Chapter. Significantly, it does not contain substantive TRIPS-plus provisions that undermine public health in developing countries-although it does contain such provisions in other areas such as copyrights, trademarks, and IP enforcement.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
  4. Legislators in the crossfire: the effect of transparency on parliamentary voting
    Autor*in: Cloléry, Héloi͏̈se
    Erschienen: [2021]
    Verlag:  Center for Research in Economics and Statistics, Palaiseau, France

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    VS 647
    Fernleihe:
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Working paper series / Center for Research in Economics and Statistics ; no. 2021, 12 (September 2021)
    Schlagworte: Voting; Transparency; Party discipline; Principal agent
    Umfang: 1 Online-Ressource (circa 40 Seiten), Illustrationen
  5. Does tax return disclosure affect information asymmetry among investors?
    Autor*in: Wu, Yuchen
    Erschienen: 2021
    Verlag:  WU Vienna University of Economics and Business, [Vienna]

    Tax return information is often complex and difficult to interpret. Whether its public availability benefits unsophisticated users remains an empirical question. This study examines whether public disclosure of tax return information affects... mehr

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Verlag (kostenfrei)

    Standort:
    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
    Fernleihe:
    keine Fernleihe

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    VS 317
    Fernleihe:
    keine Fernleihe

     

    Tax return information is often complex and difficult to interpret. Whether its public availability benefits unsophisticated users remains an empirical question. This study examines whether public disclosure of tax return information affects information asymmetry among more- and less- sophisticated investors. I investigate the unique setting of mandatory disclosure of three bottom-line income tax items in Australia. Using a difference-in-difference design with an entropy-balanced control group, I find evidence that information asymmetry decreased after the mandatory disclosure. The effect is more pronounced for firms with a poorer information environment, with higher individual ownership, and with lower media attention. The magnitude of the postdisclosure decline in the bid-ask spread correlates with the degree of the absolute book-tax gap of tax expense. This result is concentrated among firms with only mandatory disclosure—without any voluntary commitment or voluntary disclosure. Overall, the results suggest that public disclosure of tax return information does have the potential to reduce information asymmetry among investors

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    Auflage/Ausgabe: This draft: September 2021
    Schriftenreihe: WU international taxation research paper series ; no. 2021, 08
    Working paper series / SFB/Transregio TRR 266 Accounting for Transparency ; no. 62 (September 2021)
    Schlagworte: Tax return; Disclosure; Information asymmetry; Transparency
    Weitere Schlagworte: Array
    Umfang: 1 Online-Ressource (circa 51 Seiten), Illustrationen
  6. The Climate PoLicy ANalysis (C-PLAN) Model, Version 1.0
    Autor*in: Winchester, Niven; White, Dominic
    Erschienen: [2021]
    Verlag:  [Auckland University of Technology], [Auckland, New Zealand]

    Zugang:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 769
    Fernleihe:
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/242591
    Schriftenreihe: Economics working paper series / Faculty of Business, Economics and Law, AUT ; 2021, 04
    Schlagworte: Climate change mitigation; Computable general equilibrium; Replication; Transparency
    Umfang: 1 Online-Ressource (circa 56 Seiten), Illustrationen
  7. Sensitivity to calibrated parameters
    Autor*in: Jørgensen, Thomas H.
    Erschienen: [2021]
    Verlag:  CEBI, Department of Economics, University of Copenhagen, Copenhagen

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    VS 731
    Fernleihe:
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/258928
    Schriftenreihe: CEBI working paper series ; 20, 14
    Schlagworte: Sensitivity; Transparency; Structural Estimation; Calibration; Savings Motives
    Umfang: 1 Online-Ressource (circa 35 Seiten), Illustrationen
  8. Pay transparency under subjective performance evaluation
    Autor*in: Fahn, Matthias; Zanarone, Giorgio
    Erschienen: [2021]
    Verlag:  Department of Economics, Johannes Kepler University of Linz, Linz-Auhof, Austria

    This paper studies how pay transparency affects organizations that reward employees based on their efforts (i.e., using "subjective performance evaluation"). First, we show that transparency triggers social comparisons that require the organization... mehr

    Zugang:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 398
    Fernleihe:
    keine Fernleihe

     

    This paper studies how pay transparency affects organizations that reward employees based on their efforts (i.e., using "subjective performance evaluation"). First, we show that transparency triggers social comparisons that require the organization to pay its employees an "envy premium". This premium reduces the value of the employment relationship to the organization, and thus its incentive to pay subjective bonuses to the hard-working employees. To restore credibility of its incentive system, a transparent organization must therefore reduce the weight of bonuses, and increase the weight of fixed salaries, in the employees' compensation, relative to organizations that operate in a more conventional "pay secrecy" regime. Second, we show that transparency enables the employees to collectively sanction the organization for reneging on subjective incentives. Collective enforcement allows the transparent organization to use strong employment relationships to "cross-subsidize" weak ones, achieving a more balanced allocation of effort than under pay secrecy. We discuss testable implications of our model for compensation design, the choice between transparency and secrecy regimes, and organizational responses to pay transparency laws.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/246319
    Schriftenreihe: Working paper / Department of Economics, Johannes Kepler University of Linz ; no. 2102 (January 2021)
    Schlagworte: Social Comparisons; Secrecy; Transparency; Relational Contracts; Incentives
    Umfang: 1 Online-Ressource (circa 74 Seiten), Illustrationen
  9. Captured by financial institutions?
    new academic insights for EU policy makers
    Autor*in: Mosk, Thomas
    Erschienen: [2021]
    Verlag:  Leibniz Institute for Financial Research SAFE, Sustainable Architecture for Finance in Europe, Frankfurt am Main

    This policy white paper shows, using data on European Commission (EC) lobby meetings, that financial institutions and finance trade associations have substantial access to EC policymakers. While lobbying could transfer policy-relevant information and... mehr

    Zugang:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Resolving-System (kostenfrei)
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 430
    Fernleihe:
    keine Fernleihe

     

    This policy white paper shows, using data on European Commission (EC) lobby meetings, that financial institutions and finance trade associations have substantial access to EC policymakers. While lobbying could transfer policy-relevant information and expertise to policymakers, it could also result in the capture of policymakers by the industry, which could harm consumers and taxpayers. How could policymakers prevent regulatory capture, but retain the benefits of the sector expertise in policy decisions? Awareness of regulatory capture by policymakers is one of the most important remedies. This paper provides an overview of the origins of the regulatory capture theory and recent academic evidence. The paper shows that regulatory capture could emerge in a variety of institutions and policy areas but is not ubiquitous and depends on the incentives of policymakers and the policy environment. Subsequently, the paper discusses various measures to prevent regulatory capture, such as more transparency, diverse expert groups, and cooling-off periods.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/228785
    Schriftenreihe: SAFE white paper ; no. 77 (January 2021)
    Schlagworte: Lobbying; Quid-pro-quo Mechanism; Regulatory Capture; Transparency
    Umfang: 1 Online-Ressource (circa 16 Seiten), Illustrationen
  10. Is central bank communication a complement or substitute for monetary policy?
    Autor*in: Dhanessar, Alon; Mitchell, Tanisha
    Erschienen: [2021]
    Verlag:  Central Bank of Trinidad & Tobago, [Port-of-Spain]

    Zugang:
    Verlag (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    Keine Rechte
    Fernleihe:
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Working paper series / Central Bank of Trinidad and Tobago ; WP 2021, 01 (March 2021)
    Schlagworte: Vector Autoregression; Vector Error Correction; Text Mining; Central Bank Communication; Transparency; Monetary Policy Communication; Information and Forward Guidance
    Umfang: 1 Online-Ressource (circa 22 Seiten), Illustrationen
  11. Lighting up the dark
    liquidity in the German corporate bond market
    Autor*in: Gündüz, Yalın; Pelizzon, Loriana; Schneider, Michael; Subrahmanyam, Marti G.
    Erschienen: [2021]
    Verlag:  Deutsche Bundesbank, Frankfurt am Main

    We study the impact of transparency on liquidity in OTC markets. We do so by providing an analysis of liquidity in a corporate bond market without trade transparency (Germany), and comparing our findings to a market with full posttrade disclosure... mehr

    Zugang:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    Leibniz-Institut für Wirtschaftsforschung Halle, Bibliothek
    Fernleihe:
    keine Fernleihe

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 12
    Fernleihe:
    keine Fernleihe

     

    We study the impact of transparency on liquidity in OTC markets. We do so by providing an analysis of liquidity in a corporate bond market without trade transparency (Germany), and comparing our findings to a market with full posttrade disclosure (the U.S.). We employ a unique regulatory dataset of transactions of German financial institutions from 2008 until 2014 to find that: First, overall trading activity is much lower in the German market than in the U.S. Second, similar to the U.S., the determinants of German corporate bond liquidity are in line with search theories of OTC markets. Third, surprisingly, frequently traded German bonds have transaction costs that are 39-61 bp lower than a matched sample of bonds in the U.S. Our results support the notion that, while market liquidity is generally higher in transparent markets, a subset of bonds could be more liquid in more opaque markets because of investors "crowding" their demand into a small number of more actively traded securities.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9783957298294
    Weitere Identifier:
    hdl: 10419/235891
    Schriftenreihe: Discussion paper / Deutsche Bundesbank ; no 2021, 21
    Schlagworte: Corporate Bonds; WpHG; Liquidity; Transparency; OTC markets
    Umfang: 1 Online-Ressource (circa 51 Seiten), Illustrationen
  12. Acquisition, (mis)use and dissemination of information
    the blessing of cursedness and transparency
    Autor*in: Ostrizek, Franz; Sartori, Elia
    Erschienen: February 2021
    Verlag:  CSEF, Centre for Studies in Economics and Finance, Department of Economics, University of Naples, Naples, Italy

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    VS 660
    Fernleihe:
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Working paper / CSEF, Centre for Studies in Economics and Finance ; no. 604
    Schlagworte: Information Acquisition; Transparency; Cursed Equilibrium; Information Dissemination; Aggregative Information
    Umfang: 1 Online-Ressource (circa 71 Seiten), Illustrationen
  13. Management quality of professional football clubs
    The Football Management (FoMa) Q-Score 2020
    Autor*in: Zülch, Henning; Palme, Moritz; Jost, Sébastien
    Erschienen: 2021
    Verlag:  HHL Leipzig Graduate School of Management, Leipzig

    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
  14. Management quality of professional football clubs
    the Football Management (FoMa) Q-Score 2021
    Autor*in: Zülch, Henning; Palme, Moritz; Jost, Sébastien; Kirsch, Benedikt
    Erschienen: 2021
    Verlag:  HHL Leipzig Graduate School of Management, Leipzig

    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
  15. Essays on systems of accountability and transparency
    attributes, developments and consequences for decision-making
    Autor*in: Edlinger-Bach, Stefan
    Erschienen: [2021]

    Organizations rely on accountability systems and transparency for decision-making and strategy implementation. Based on qualitative field data from multiple case studies, and quantitative survey data on senior executives, this thesis contributes to... mehr

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Fernleihe:
    keine Fernleihe

     

    Organizations rely on accountability systems and transparency for decision-making and strategy implementation. Based on qualitative field data from multiple case studies, and quantitative survey data on senior executives, this thesis contributes to prior research on accountability system design and innovation to address the effective allocation of information and decision rights. Firstly, it theorizes and empirically demonstrates complementary and substitutive configurations of visibility and inferability (understanding) that should be reflected by accountability systems. Secondly, it uncovers how managers engage in initiatives to balance the competing control objectives of efficiency and flexibility in the shift toward enabling formalization of accountability systems. Finally, it tests outcomes and performance implications of enacted accountability and communication relationships within the top management team for effective managerial decision-making. Altogether, this dissertation recognizes that organizations cannot be successfully designed and managed without incorporating principles related to accountability and transparency.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Beteiligt: Möller, Klaus (AkademischeR BetreuerIn); Dinh, Tami (AkademischeR BetreuerIn)
    Sprache: Englisch
    Medientyp: Dissertation
    Format: Online
    Weitere Identifier:
    hdl: 20.500.14171/109906
    5113
    RVK Klassifikation: QP 830
    Schlagworte: Management Accounting; Entscheidungsorientierte Kostenrechnung; Informationswert; Transparenz; Verantwortlichkeit; Multinationales Unternehmen; Tesi; Thèses et écrits académiques; Management Accounting; EDIS-5113; Accountability; Transparenz; Transparency; Entscheidungsfindung; Verantwortung; Accounting; Decision-making; Control System; Kontrollsystem
    Umfang: 1 Online-Ressource (circa 203 Seiten), Illustrationen
    Bemerkung(en):

    Dissertation, Universität St. Gallen, 2021