Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
Results
Showing 1 to 15 of 15 for “"Limited commitment"”.
-
Dynamic Compensation and Investment with Limited Commitment
<p>In this dissertation I study the role of limited commitment in dynamic models. In the first part, I consider firms that face uncertainty shocks in a principal-agent setting but have only limited ability to commit to long-term contracts. Limited commitment firms expedite payments to their …
-
Essays on Money and Credit: A New Monetarist Approach
Chapter 1: Money and Credit with Limited Commitment and Theft Credit contracts and fiat money seem to be robust means of payment in the sense that we observe both monetary exchange and credit transactions under a wide array of technologies and monetary policy rules. However, a common result in a …
-
Smoothing consumption across households and time : essays in development economics
… research has suggested three possibilities: limited commitment-the inability of households to commit to remain within an insurance agreement; moral hazard-the need to give households incentives to work hard; and hidden income-the inability of households to verify one another's incomes. I show …
-
Essays in banking and risk management
… of consumption behavior and risk sharing with limited commitment.
-
The Impact of Conditional Cash Transfer Programs Under Risk-Sharing Arrangements: Schooling and Consumption Smoothing in Rural Mexico
… estimates a model of informal risk sharing with limited commitment that incorporates children's school attendance choices. The model is estimated using Mexican rural villages data from the PROGRESA experiment and is used to analyze how the presence of informal risk sharing influences schooling …
-
Essays on political institutions and macroeconomics
… each other. Peaceful compromise is subject to limited commitment and informational frictions since groups cannot commit to concession-making and the private cost of concession-making can be extremely high.
-
Creating the Patient-Doctor-Family Relationship: Issues of Power and Gender
… care (WPC), and patient-centered care (PCC)), commitment and intimacy, and interpersonal processes (perception of relationship shape, bonding, confidence and trust, equality and partnership, mutuality, and shared story). Results showed that patient-doctor-family relationships that were viewed …
-
Decentralization and local challenges in environmental resources policy: the Korean cases
… decentralization. They reveal that despite a limited commitment, political pressure from civil society and local governments is compelling the central government to continue decentralizing policymaking. Decentralization in environmental resources policy is yet in its infancy, but local …
-
Essays on Household Finance and Small Business Credit
… with a model of joint decision-making under limited commitment, in which credit causes a shift in marital bargaining power. Chapter 2 explores the investment decisions of small business owners when their child goes to college using the linked financial accounts of small businesses and their …
-
Essays on Business Partnerships
… moral hazard.Chapter 2: Capital Accumulation and Limited Commitment (with Kyoung Jin Choi)We investigate under what condition the first-best allocation without commitment is sustainable in a production economy. We find that allowing capital accumulation can help to sustain the first-best …
-
Recycled Modernity: Google, Immigration History, and the Limits for H-1B
… situated competitive capability suggests a limited commitment to the global communities invoked by information technology. The history of American industry produced corporations determined to control and exploit every detail of their affairs. In the process, industrial corporations used …
-
Essays on Structural Transformation, Productivity, and Development
… severe borrowing constraints in rural areas. Limited credit in poor areas depresses the use of intermediate inputs and hence encourages the use of labor input. As a consequence, workers in poor areas are kept in the agricultural sector and agricultural labor productivity remains low. We use a …
-
Essays on social networks in development economics
… developing countries where formal contracts are limited and financial development is low. Yet understanding why social networks matter is confounded by endogeneity of risk-sharing partners. This chapter, first, examines the causal effect of close social ties between individuals on their ability …
-
Essays in Environmental and Supply Chain Topics in Finance
… nor fully recover from a shock (ex-post). Limited commitment endogenously generates under-insurance through the combination of upfront payment of the insurance premium with the tightening of borrowing constraints post-shock due to the decrease in total collateral. We discuss two equilibrium …
-
Essays on macroeconomics and contract theory
… where the government or the agent lacks commitment on its future actions. Chapter 1, joint work with Juan Xandri, proposes a method to deal with equilibrium multiplicity in dynamic policy games. In order to do so, we characterize outcomes that are consistent with a subgame perfect …