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Aggregate Dynamics and Staggered Contracts.
Comments on ‘Labor Market Contracts and Inflation’ by D.J.B. Mitchell and L.J. Kimball
Labor Market Contracts Inflation
2015/8/5
Comments on ‘Labor Market Contracts and Inflation’ by D.J.B. Mitchell and L.J. Kimball.
Comments on ‘Staggered Contracts and Exchange Rate Policy’ by Guillermo Calvo
Staggered Contracts Exchange Rate Policy
2015/8/5
Casual observation suggests that many contracts in the real world are
not of uniform length; for example, recent wage concessions in the
United States have lead to termination of union contracts bef...
The Role of Contracts in Macroeconomic Performance.
Incentive problems arise in many economic
relationships. Contracts that tie compensation to
performance can mitigate incentive problems, but
writing completely effective contracts is often
impract...
Management Practices,Relational Contracts and the Decline of General Motors
Organizational Change and Adaptation Management Practices and Processes Organizational Structure
2015/4/29
General Motors was once regarded as one of the best managed and most successful firms in the world, but between 1980 and 2009 its share of the US market fell from 62.6 to 19.8 percent, and in 2009 the...
Indirect Copyright Infringement Liability for ISPs and The Economics of Contracts under Asymmetric Information
Indirect Copyright Infringement Liability for ISPs The Economics of Contracts Asymmetric Information
2014/6/24
Under current copyright law, Internet Service Providers (ISPs) can be found liable for the traffic on the websites that they host. While the ISPs themselves are not undertaking acts that infringe copy...
Counterparty Risk and the Impact of Collateralization in CDS Contracts
Counterparty Risk Collateralization CDS
2011/7/25
Abstract: We analyze the counterparty risk embedded in CDS contracts, in presence of a bilateral margin agreement. First, we investigate the pricing of collateralized counterparty risk and we derive t...
HIERARCHIES, RELATIONAL CONTRACTS AND NEW FORMS OF OUTSOURCING
HIERARCHIES RELATIONAL CONTRACTS NEW FORMS OF OUTSOURCING
2014/6/26
We observe that economic restructuring is significantly changing organizational governance. On the one hand, we witness an increase in mergers & acquisitions, which substitutes markets for hierarchies...
THE LAW OF INSURANCE CONTRACTS IN THE PEOPLE'S REPUBLIC OF CHINA. A COMPARATIVE ANALYSIS OF POLICYHOLDERS' RIGHTS
THE LAW INSURANCE CONTRACTS THE PEOPLE'S REPUBLIC CHINA. A COMPARATIVE ANALYSIS POLICYHOLDERS' RIGHTS
2014/6/27
The implementation of China's economic reforms, beginning in the early 80's, and the formal establishment of a "Socialist Market Economy" in the following decade, stimulated substantial changes and im...