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Marina Halac

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Working papers

  1. Hassan Afrouzi & Marina Halac & Kenneth S. Rogoff & Pierre Yared, 2023. "Monetary Policy without Commitment," NBER Working Papers 31207, National Bureau of Economic Research, Inc.

    Cited by:

    1. Jongrim Ha & M. Ayhan Kose & Franziska Ohnsorge & Hakan Yilmazkuday, 2023. "What Explains Global Inflation," Koç University-TUSIAD Economic Research Forum Working Papers 2310, Koc University-TUSIAD Economic Research Forum.

  2. Halac, Marina & Yared, Pierre, 2022. "A Theory of Fiscal Responsibility and Irresponsibility," CEPR Discussion Papers 17626, C.E.P.R. Discussion Papers.

    Cited by:

    1. Niklas Potrafke, 2023. "The Economic Consequences of Fiscal Rules," CESifo Working Paper Series 10765, CESifo.

  3. Halac, Marina & Yared, Pierre, 2019. "Fiscal Rules and Discretion under Limited Enforcement," CEPR Discussion Papers 14218, C.E.P.R. Discussion Papers.

    Cited by:

    1. Radoslaw Paluszynski & Pei Cheng Yu, 2022. "Online Appendix to "Commitment versus Flexibility and Sticky Prices: Evidence from Life Insurance"," Online Appendices 20-112, Review of Economic Dynamics.
    2. Carsten Hefeker & Michael Neugart, 2024. "Policy Rules and Political Polarization," CESifo Working Paper Series 11039, CESifo.
    3. Arawatari, Ryo & Ono, Tetsuo, 2019. "Public debt rule breaking by time-inconsistent voters," MPRA Paper 102601, University Library of Munich, Germany, revised 21 Aug 2020.
    4. Feld Lars P. & Reuter Wolf Heinrich & Yeter Mustafa, 2019. "Öffentliche Investitionen: Die Schuldenbremse ist nicht das Problem," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 20(4), pages 292-303, December.
    5. Robert Kraemer & Jonne Lehtimäki, 2023. "Government debt: the impact of fiscal rules at the European and national level," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 50(3), pages 783-805, August.
    6. Ablam Estel Apeti & Bao-We-Wal Bambe & Jean-Louis Combes & Eyah Denise Edoh, 2023. "Original Sin: Fiscal Rules and Government Debt in Foreign Currency in Developing Countries," Working Papers hal-04130477, HAL.
    7. Pagenhardt, Laura & Große Steffen, Christoph & Rieth, Malte, 2021. "Commited to Flexible Fiscal Rules," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242330, Verein für Socialpolitik / German Economic Association.
    8. Niklas Potrafke, 2023. "The Economic Consequences of Fiscal Rules," CESifo Working Paper Series 10765, CESifo.
    9. Dotti, Valerio & Janeba, Eckhard, 2023. "Consistent flexibility: Enforcement of deficit rules through political incentives," European Journal of Political Economy, Elsevier, vol. 79(C).
    10. Díaz-Roldán Carmen & Filho Fernando Ferrari & da Silva Bichara Julimar, 2021. "Fiscal Rules in Economic Crisis: The Trade-off Between Consolidation and Recovery, from a European Perspective," Economics - The Open-Access, Open-Assessment Journal, De Gruyter, vol. 15(1), pages 199-216, January.

  4. Halac, Marina & Kremer, Ilan, 2018. "Experimenting with Career Concerns," CEPR Discussion Papers 12569, C.E.P.R. Discussion Papers.

    Cited by:

    1. Hu, Yunzhi, 2022. "A dynamic theory of bank lending, firm entry, and investment fluctuations," Journal of Economic Theory, Elsevier, vol. 204(C).
    2. Ivan Marinovic & Martin Szydlowski, 2019. "Monitor Reputation and Transparency," 2019 Meeting Papers 125, Society for Economic Dynamics.
    3. Chia-Hui Chen & Junichiro Ishida & Wing Suen, 2019. "Reputation Concerns in Risky Experimentation," ISER Discussion Paper 1060r, Institute of Social and Economic Research, Osaka University, revised Aug 2020.
    4. Chen, Wanyi, 2021. "Dynamic survival bias in optimal stopping problems," Journal of Economic Theory, Elsevier, vol. 196(C).
    5. Thomas, Caroline, 2019. "Experimentation with reputation concerns – Dynamic signalling with changing types," Journal of Economic Theory, Elsevier, vol. 179(C), pages 366-415.
    6. Yunzhi Hu & Felipe Varas, 2021. "A Theory of Zombie Lending," Journal of Finance, American Finance Association, vol. 76(4), pages 1813-1867, August.
    7. Binswanger, Johannes & Oechslin, Manuel, 2020. "Better statistics, better economic policies?," European Economic Review, Elsevier, vol. 130(C).
    8. Iván Marinovic & Martin Szydlowski, 2022. "Monitoring with career concerns," RAND Journal of Economics, RAND Corporation, vol. 53(2), pages 404-428, June.
    9. Fahad Khalil & Jacques Lawarree & Alexander Rodivilov, 2018. "Learning from Failures: Optimal Contract for Experimentation and Production," CESifo Working Paper Series 7310, CESifo.

  5. Halac, Marina & Yared, Pierre, 2018. "Instrument-Based vs. Target-Based Rules," CEPR Discussion Papers 12872, C.E.P.R. Discussion Papers.

    Cited by:

    1. Feld Lars P. & Reuter Wolf Heinrich & Yeter Mustafa, 2019. "Öffentliche Investitionen: Die Schuldenbremse ist nicht das Problem," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 20(4), pages 292-303, December.

  6. Halac, Marina & Yared, Pierre, 2018. "Fiscal Rules and Discretion under Self-Enforcement," CEPR Discussion Papers 12571, C.E.P.R. Discussion Papers.

    Cited by:

    1. Jean Barthélemy & Eric Mengus, 2017. "Credibility and Monetary Policy," Sciences Po publications 2017-01, Sciences Po.
    2. Janeba, Eckhard & Dotti, Valerio, 2021. "Consistent Flexibility: Enforcement of Fiscal Rules Through Political Incentives," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242468, Verein für Socialpolitik / German Economic Association.
    3. Javier Bianchi & Pablo Ottonello & Ignacio Presno, 2019. "Fiscal Stimulus under Sovereign Risk," Working Papers 762, Federal Reserve Bank of Minneapolis.
    4. Plantin, Guillaume & Barthélemy, Jean & Mengus, Eric, 2022. "The Central Bank, the Treasury, or the Market: Which One Determines the Price Level?," CEPR Discussion Papers 17407, C.E.P.R. Discussion Papers.
    5. Coate, Stephen & Milton, Ross T., 2019. "Optimal fiscal limits with overrides," Journal of Public Economics, Elsevier, vol. 174(C), pages 76-92.

  7. Halac, Marina & Yared, Pierre, 2018. "Fiscal Rules and Discretion in a World Economy," CEPR Discussion Papers 12570, C.E.P.R. Discussion Papers.

    Cited by:

    1. Radoslaw Paluszynski & Pei Cheng Yu, 2022. "Online Appendix to "Commitment versus Flexibility and Sticky Prices: Evidence from Life Insurance"," Online Appendices 20-112, Review of Economic Dynamics.
    2. Galasso, Alberto, 2020. "Rewards versus intellectual property rights when commitment is limited," Journal of Economic Behavior & Organization, Elsevier, vol. 169(C), pages 397-411.
    3. Uchida, Yuki & Ono, Tetsuo, 2021. "Political economy of taxation, debt ceilings, and growth," European Journal of Political Economy, Elsevier, vol. 68(C).
    4. Arawatari, Ryo & Ono, Tetsuo, 2019. "Public debt rule breaking by time-inconsistent voters," MPRA Paper 102601, University Library of Munich, Germany, revised 21 Aug 2020.
    5. Marzia Romanelli & Pietro Tommasino & Emilio VadalÃ, 2022. "The future of European fiscal governance: a comprehensive approach," Questioni di Economia e Finanza (Occasional Papers) 691, Bank of Italy, Economic Research and International Relations Area.
    6. Alesina, A. & Passalacqua, A., 2016. "The Political Economy of Government Debt," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 2599-2651, Elsevier.
    7. Robert Kraemer & Jonne Lehtimäki, 2023. "Government debt: the impact of fiscal rules at the European and national level," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 50(3), pages 783-805, August.
    8. Debrun, Xavier & Jonung, Lars, 2018. "Under Threat: Rules-Based Fiscal Policy and How to Preserve It," Working Papers 2018:29, Lund University, Department of Economics.
    9. Mark Aguiar & Manuel Amador & Stelios Fourakis, 2020. "On the Welfare Losses from External Sovereign Borrowing," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 68(1), pages 163-194, March.
    10. Alexandre B. Cunha & Emanuel Ornelas, 2017. "The Limits of Political Compromise: Debt Ceilings and Political Turnover," CESifo Working Paper Series 6429, CESifo.
    11. Marina Halac & Pierre Yared, 2019. "Fiscal Rules and Discretion under Limited Enforcement," NBER Working Papers 25463, National Bureau of Economic Research, Inc.
    12. Moser, Christian & Yared, Pierre, 2020. "Pandemic Lockdown: The Role of Government Commitment," MPRA Paper 99804, University Library of Munich, Germany.
    13. Ryo Arawatari & Tetsuo Ono, 2023. "International coordination of debt rules with time‐inconsistent voters," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 25(1), pages 29-60, February.
    14. Marcela De Castro-Valderrama & Nicolas Moreno-Arias & Juan Jose Ospina-Tejeiro, 2023. "Credibility and Bias: The Case for Implementing Both a Debt Anchor and a Balanced Budget Rule," IHEID Working Papers 09-2023, Economics Section, The Graduate Institute of International Studies.
    15. Uchida, Yuki & Ono, Tetsuo, 2023. "Borrowing to Finance Public Investment: A Politico-Economic Analysis of Fiscal Rules," MPRA Paper 119724, University Library of Munich, Germany.
    16. Pagenhardt, Laura & Große Steffen, Christoph & Rieth, Malte, 2021. "Commited to Flexible Fiscal Rules," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242330, Verein für Socialpolitik / German Economic Association.
    17. Jocelyne Zoumenou, 2023. "On the impact of fiscal policy on inflation: The case of fiscal rules," EconomiX Working Papers 2023-21, University of Paris Nanterre, EconomiX.
    18. Mihaela Onofrei & Tudorel Toader & Anca Florentina Vatamanu & Florin Oprea, 2021. "Impact of Governments’ Fiscal Behaviors on Public Finance Sustainability: A Comparative Study," Sustainability, MDPI, vol. 13(7), pages 1-16, March.
    19. Hsien-Yi Chen & Sheng-Syan Chen, 2024. "How does credit market innovation affect the fiscal policy of state governments?," Review of Quantitative Finance and Accounting, Springer, vol. 62(2), pages 389-420, February.
    20. Christian Moser & Pedro Olea de Souza e Silva, 2019. "Optimal Paternalistic Savings Policies," Opportunity and Inclusive Growth Institute Working Papers 17, Federal Reserve Bank of Minneapolis.
    21. Niklas Potrafke, 2023. "The Economic Consequences of Fiscal Rules," CESifo Working Paper Series 10765, CESifo.
    22. Marina Azzimonti & Marco Battaglini & Stephen Coate, 2015. "The Costs and Benefits of Balanced Budget Rules: Lessons from a Political Economy Model of Fiscal Policy," Department of Economics Working Papers 15-03, Stony Brook University, Department of Economics.
    23. Caselli, Francesca & Wingender, Philippe, 2021. "Heterogeneous effects of fiscal rules: The Maastricht fiscal criterion and the counterfactual distribution of government deficits✰," European Economic Review, Elsevier, vol. 136(C).
    24. Laura Alfaro, 2016. "Fiscal Rules and Sovereign Default," 2016 Meeting Papers 209, Society for Economic Dynamics.
    25. Mihaela Onofrei & Anca Gavriluţă (Vatamanu) & Ionel Bostan & Florin Oprea & Gigel Paraschiv & Cristina Mihaela Lazăr, 2020. "The Implication of Fiscal Principles and Rules on Promoting Sustainable Public Finances in the EU Countries," Sustainability, MDPI, vol. 12(7), pages 1-21, April.
    26. Suehyun Kwon, 2019. "Informed-Principal Problem in Mechanisms with Limited Commitment," CESifo Working Paper Series 7513, CESifo.
    27. Karakas, Leyla D., 2016. "Political turnover and the accumulation of democratic capital," European Journal of Political Economy, Elsevier, vol. 44(C), pages 195-213.
    28. Christos Kotsogiannis & Robert Schwager, 2022. "Present bias and externalities: Can government intervention raise welfare?," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 55(3), pages 1480-1506, August.
    29. Suehyun Kwon, 2019. "Revelation Principle with Persistent Correlated Types: Impossibility Result," CESifo Working Paper Series 7782, CESifo.
    30. Díaz-Roldán Carmen & Filho Fernando Ferrari & da Silva Bichara Julimar, 2021. "Fiscal Rules in Economic Crisis: The Trade-off Between Consolidation and Recovery, from a European Perspective," Economics - The Open-Access, Open-Assessment Journal, De Gruyter, vol. 15(1), pages 199-216, January.
    31. Coate, Stephen & Milton, Ross T., 2019. "Optimal fiscal limits with overrides," Journal of Public Economics, Elsevier, vol. 174(C), pages 76-92.
    32. Christian Moser & Pierre Yared, 2021. "Online Appendix to "Pandemic Lockdown: The Role of Government Commitment"," Online Appendices 20-442, Review of Economic Dynamics.

  8. Halac, Marina & Yared, Pierre, 2018. "Commitment vs. Flexibility with Costly Verification," CEPR Discussion Papers 12572, C.E.P.R. Discussion Papers.

    Cited by:

    1. Moser, Christian & Yared, Pierre, 2020. "Pandemic Lockdown: The Role of Government Commitment," MPRA Paper 99804, University Library of Munich, Germany.
    2. Coate, Stephen & Milton, Ross T., 2019. "Optimal fiscal limits with overrides," Journal of Public Economics, Elsevier, vol. 174(C), pages 76-92.

  9. Marina Halac & Ilan Kremer & Eyal Winter, 2018. "Raising Capital from Heterogeneous Investors," Working Papers 245773051, Lancaster University Management School, Economics Department.

    Cited by:

    1. Roweno J. R. K. Heijmans, 2023. "Unraveling Coordination Problems," Papers 2307.08557, arXiv.org, revised Aug 2023.
    2. Nora, Vladyslav & Winter, Eyal, 2024. "Exploiting social influence in networks," Theoretical Economics, Econometric Society, vol. 19(1), January.
    3. Jay Pil Choi & Christodoulos Stefanadis, 2022. "Network Externalities, Dominant Value Margins, And Equilibrium Uniqueness," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 63(4), pages 1805-1827, November.
    4. Krishna Dasaratha & Benjamin Golub & Anant Shah, 2023. "Equity Pay In Networked Teams," Papers 2308.14717, arXiv.org.
    5. Mamadou L Gueye & Nicolas Quérou & Raphaël Soubeyran, 2021. "Inequality Aversion and the Distribution of Rewards in Organizations," CEE-M Working Papers hal-03134262, CEE-M, Universtiy of Montpellier, CNRS, INRA, Montpellier SupAgro.
    6. Raphael Soubeyran, 2021. "Pro-social Motivations, Externalities and Incentives," CEE-M Working Papers hal-03212888, CEE-M, Universtiy of Montpellier, CNRS, INRA, Montpellier SupAgro.
    7. Moran Koren, 2023. "The Gatekeeper Effect: The Implications of Pre-Screening, Self-selection, and Bias for Hiring Processes," Papers 2312.17167, arXiv.org.
    8. Heijmans, Roweno J.R.K., 2023. "Unraveling Coordination Problems," Discussion Papers 2023/20, Norwegian School of Economics, Department of Business and Management Science.

  10. Prat, Andrea & Halac, Marina, 2014. "Managerial Attention and Worker Engagement," CEPR Discussion Papers 10035, C.E.P.R. Discussion Papers.

    Cited by:

    1. Garrett, Daniel F. & Dilmé, Francesc, 2019. "Residual Deterrence," TSE Working Papers 19-1029, Toulouse School of Economics (TSE).
    2. Eliaz, Kfir & de Clippel, Geoffroy & Rozen, Kareen, 2016. "The Silent Treatment," CEPR Discussion Papers 11335, C.E.P.R. Discussion Papers.
    3. Heski Bar-Isaac & Joyee Deb, 2021. "Reputation With Opportunities for Coasting," Journal of the European Economic Association, European Economic Association, vol. 19(1), pages 200-236.
    4. Cordella, Antonio & Cordella, Tito, 2017. "Motivations, monitoring technologies, and pay for performance," Journal of Economic Behavior & Organization, Elsevier, vol. 133(C), pages 236-255.
    5. Daniel Hauser, 2016. "Promoting a Reputation for Quality," PIER Working Paper Archive 16-014, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 29 Sep 2016.
    6. Artz, Benjamin & Goodall, Amanda H & Oswald, Andrew J, 2015. "Boss Competence and Worker Well-being," The Warwick Economics Research Paper Series (TWERPS) 1072, University of Warwick, Department of Economics.
    7. Matthew Mitchell, 2018. "Free (Ad)vice," 2018 Meeting Papers 1194, Society for Economic Dynamics.
    8. Mira Frick & Yuhta Ishii, 2015. "Innovation Adoption by Forward-Looking Social Learners," Cowles Foundation Discussion Papers 1877, Cowles Foundation for Research in Economics, Yale University.
    9. Steven Blader & Claudine Gartenberg & Rebecca Henderson & Andrea Prat, 2015. "The Real Effects of Relational Contracts," American Economic Review, American Economic Association, vol. 105(5), pages 452-456, May.

  11. Halac, Marina & Yared, Pierre, 2012. "Fiscal Rules and Discretion under Persistent Shocks," Economic Research Papers 270535, University of Warwick - Department of Economics.

    Cited by:

    1. Marco Bassetto & Zhen Huo & José-Víctor Ríos-Rull, 2018. "Organizational Equilibrium with Capital," NBER Working Papers 25376, National Bureau of Economic Research, Inc.
    2. Richard Dennis & Ippei Fujiwara & Yuichiro Waki, 2017. "The Optimal Degree of Monetary-Discretion in a New Keynesian Model with Private Information," Globalization Institute Working Papers 320, Federal Reserve Bank of Dallas.
    3. Gabriela Victoria Anghelache & Mirela Panait & Radu – Titus Marinescu, 2017. "Analysis model of financial placements and budget execution of Romania in 2016," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(1), pages 93-105, January.
    4. Radoslaw Paluszynski & Pei Cheng Yu, 2022. "Online Appendix to "Commitment versus Flexibility and Sticky Prices: Evidence from Life Insurance"," Online Appendices 20-112, Review of Economic Dynamics.
    5. Ornelas, Emanuel & Cunha, Alexandre B., 2014. "Political Competition and the Limits of Political Compromise," CEPR Discussion Papers 9909, C.E.P.R. Discussion Papers.
    6. Halac, Marina & Yared, Pierre, 2018. "Fiscal Rules and Discretion in a World Economy," CEPR Discussion Papers 12570, C.E.P.R. Discussion Papers.
    7. Brändle, Thomas & Elsener, Marc, 2023. "Do fiscal rules matter? A survey on recent evidence," Working papers 2023/07, Faculty of Business and Economics - University of Basel.
    8. Galasso, Alberto, 2020. "Rewards versus intellectual property rights when commitment is limited," Journal of Economic Behavior & Organization, Elsevier, vol. 169(C), pages 397-411.
    9. Marina Azzimonti & Laura Karpuska & Gabriel Mihalache, 2023. "Bargaining Over Taxes And Entitlements In The Era Of Unequal Growth," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 64(3), pages 893-941, August.
    10. Guido Zacka & Daniel Sotelsekb, 2018. "A generic fiscal rule: Proposal and design," Contaduría y Administración, Accounting and Management, vol. 63(2), pages 9-10, Junio.
    11. Doruk Cetemen & Felix Zhiyu Feng & Can Urgun, 2021. "Renegotiation and Dynamic Inconsistency: Contracting with Non-Exponential Discounting," Working Papers 2021-58, Princeton University. Economics Department..
    12. Rodrigo Harrison & Roger Lagunoff, 2017. "Dynamic Mechanism Design For A Global Commons," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 58(3), pages 751-782, August.
    13. Fernando Martin, 2018. "The Value of Constraints on Discretionary Government Policy," 2018 Meeting Papers 267, Society for Economic Dynamics.
    14. Facundo Piguillem & Alessandro Riboni, 2013. "Spending Biased Legislators - Discipline Through Disagreement," EIEF Working Papers Series 1317, Einaudi Institute for Economics and Finance (EIEF), revised Jul 2013.
    15. Marina Halac & Pierre Yared, 2018. "Instrument-Based vs. Target-Based Rules," NBER Working Papers 24496, National Bureau of Economic Research, Inc.
    16. Feld Lars P. & Reuter Wolf Heinrich & Yeter Mustafa, 2019. "Öffentliche Investitionen: Die Schuldenbremse ist nicht das Problem," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 20(4), pages 292-303, December.
    17. Guido Zacka & Daniel Sotelsekb, 2018. "Propuesta y diseño de una regla fiscal genérica," Contaduría y Administración, Accounting and Management, vol. 63(2), pages 7-8, Junio.
    18. Christofzik, Désirée I. & Kessing, Sebastian G., 2018. "Does fiscal oversight matter?," Journal of Urban Economics, Elsevier, vol. 105(C), pages 70-87.
    19. T. Renee Bowen & Ying Chen & Hulya Eraslan & Jan Zapal, 2015. "Efficiency of Flexible Budgetary Institutions," Koç University-TUSIAD Economic Research Forum Working Papers 1516, Koc University-TUSIAD Economic Research Forum.
    20. Alesina, A. & Passalacqua, A., 2016. "The Political Economy of Government Debt," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 2599-2651, Elsevier.
    21. Galperti, Simone, 2019. "A theory of personal budgeting," Theoretical Economics, Econometric Society, vol. 14(1), January.
    22. Pei-Cheng Yu, 2018. "Seemingly Exploitative Contracts," Discussion Papers 2018-15, School of Economics, The University of New South Wales.
    23. Janeba, Eckhard & Dotti, Valerio, 2021. "Consistent Flexibility: Enforcement of Fiscal Rules Through Political Incentives," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242468, Verein für Socialpolitik / German Economic Association.
    24. Esslinger, Christoph & Boyer, Pierre, 2015. "Public debt and the political economy of reforms," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 113107, Verein für Socialpolitik / German Economic Association.
    25. Marina Azzimonti, 2018. "The Politics Of Fdi Expropriation," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 59(2), pages 479-510, May.
    26. Clayton, Christopher & Schaab, Andreas, 2022. "A Theory of Dynamic Inflation Targets," TSE Working Papers 22-1389, Toulouse School of Economics (TSE).
    27. Asatryan, Zareh & Castellón, César & Stratmann, Thomas, 2018. "Balanced budget rules and fiscal outcomes: Evidence from historical constitutions," Journal of Public Economics, Elsevier, vol. 167(C), pages 105-119.
    28. Facundo Piguillem & Alessandro Riboni, 2018. "Fiscal Rules as Bargaining Chips," Working Papers 2018-02, Center for Research in Economics and Statistics.
    29. Alex Clymo & Andrea Lanteri, 2020. "Fiscal Policy with Limited-Time Commitment," The Economic Journal, Royal Economic Society, vol. 130(627), pages 623-652.
    30. Florian Dorn & Stefanie Gaebler & Felix Roesel, 2021. "Ineffective fiscal rules? The effect of public sector accounting standards on budgets, efficiency, and accountability," Public Choice, Springer, vol. 186(3), pages 387-412, March.
    31. Marina Halac & Pierre Yared, 2017. "Fiscal Rules and Discretion under Self-Enforcement," NBER Working Papers 23919, National Bureau of Economic Research, Inc.
    32. Bernhardt, Dan & Krasa, Stefan & Mehdi Shadmehr, 2021. "Demagogues and the Fragility of Democracy," QAPEC Discussion Papers 05, Quantitative and Analytical Political Economy Research Centre.
    33. Michele Salvi & Christoph A. Schaltegger & Lukas Schmid, 2020. "Fiscal Rules Cause Lower Debt: Evidence from Switzerland’s Federal Debt Containment Rule," Kyklos, Wiley Blackwell, vol. 73(4), pages 605-642, November.
    34. Alexandre B. Cunha & Emanuel Ornelas, 2017. "The Limits of Political Compromise: Debt Ceilings and Political Turnover," CESifo Working Paper Series 6429, CESifo.
    35. Marina Halac & Pierre Yared, 2019. "Fiscal Rules and Discretion under Limited Enforcement," NBER Working Papers 25463, National Bureau of Economic Research, Inc.
    36. Lanteri, Andrea & Clymo, Alex & Villa, Alessandro, 2022. "Capital and Labor Taxes with Costly State Contingency," CEPR Discussion Papers 16616, C.E.P.R. Discussion Papers.
    37. Ardanaz, Martín & Cavallo, Eduardo & Izquierdo, Alejandro & Puig, Jorge, 2021. "Growth-friendly fiscal rules? Safeguarding public investment from budget cuts through fiscal rule design," Journal of International Money and Finance, Elsevier, vol. 111(C).
    38. Moser, Christian & Yared, Pierre, 2020. "Pandemic Lockdown: The Role of Government Commitment," MPRA Paper 99804, University Library of Munich, Germany.
    39. Radoslaw Paluszynski & Pei Cheng Yu, "undated". "Optimal Taxation with Risky Human Capital and Retirement Savings," Discussion Papers 2019-05, School of Economics, The University of New South Wales.
    40. Doruk Cetemen & Felix Zhiyu Feng & Can Urgun, 2019. "Contracting with Non-Exponential Discounting: Moral Hazard and Dynamic Inconsistency," Working Papers 2019-17, Princeton University. Economics Department..
    41. Martin Gorčák & Stanislav Šaroch, 2022. "Fiscal Councils In Eu Member States: Impact On Fiscal Discipline," Prague Economic Papers, Prague University of Economics and Business, vol. 2022(5), pages 327-346.
    42. Dino Gerardi & Lucas Maestri & Ignacio Monzon, 2023. "Delegation with Endogenous States," Carlo Alberto Notebooks 711 JEL Classification: C, Collegio Carlo Alberto.
    43. Marcela De Castro-Valderrama & Nicolas Moreno-Arias & Juan Jose Ospina-Tejeiro, 2023. "Credibility and Bias: The Case for Implementing Both a Debt Anchor and a Balanced Budget Rule," IHEID Working Papers 09-2023, Economics Section, The Graduate Institute of International Studies.
    44. Clayton, Christopher & Santos, Amanda Dos & Maggiori, Matteo & Schreger, Jesse, 2022. "Internationalizing Like China," SocArXiv r2msa, Center for Open Science.
    45. Martimort, David & Guillouet, Louise, 2020. "Precaution, Information and Time-Inconsistency: On The Value of the Precautionary Principle," CEPR Discussion Papers 15266, C.E.P.R. Discussion Papers.
    46. Rohit Lamba & Ilia Krasikov, 2017. "A Theory of Dynamic Contracting with Financial Constraints," 2017 Meeting Papers 1544, Society for Economic Dynamics.
    47. G. Bellettini & P. Roberti, 2016. "Politicians' coherence and government debt," Working Papers wp1087, Dipartimento Scienze Economiche, Universita' di Bologna.
    48. Pagenhardt, Laura & Große Steffen, Christoph & Rieth, Malte, 2021. "Commited to Flexible Fiscal Rules," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242330, Verein für Socialpolitik / German Economic Association.
    49. Jocelyne Zoumenou, 2023. "On the impact of fiscal policy on inflation: The case of fiscal rules," EconomiX Working Papers 2023-21, University of Paris Nanterre, EconomiX.
    50. Gottlieb, Daniel & Zhang, Xingtan, 2021. "Long-term contracting with time-inconsistent agents," LSE Research Online Documents on Economics 106622, London School of Economics and Political Science, LSE Library.
    51. Lizzeri, Alessandro & Yariv, Leeat, 2015. "Collective Self Control," CEPR Discussion Papers 10458, C.E.P.R. Discussion Papers.
    52. Halac, Marina & Yared, Pierre, 2018. "Commitment vs. Flexibility with Costly Verification," CEPR Discussion Papers 12572, C.E.P.R. Discussion Papers.
    53. Marina Azzimonti & Gabriel P. Mihalache & Laura Karpuska, 2020. "Bargaining over Taxes and Entitlements," NBER Working Papers 27595, National Bureau of Economic Research, Inc.
    54. Constantin ANGHELACHE & Mihai Paunica & Gyorgy BODO & Maria MIREA, 2017. "Aspects Of Optimal Monetary And Fiscal Policies," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(5), pages 122-138, May.
    55. Gonzalez, Francisco M. & Lazkano, Itziar & Smulders, Sjak A., 2018. "Intergenerational altruism with future bias," Journal of Economic Theory, Elsevier, vol. 178(C), pages 436-454.
    56. Alex Clymo & Andrea Lanteri & Alessandro Villa, 2023. "Online Appendix to "Capital and Labor Taxes with Costly State Contingency"," Online Appendices 22-20, Review of Economic Dynamics.
    57. Christian Moser & Pedro Olea de Souza e Silva, 2019. "Optimal Paternalistic Savings Policies," Opportunity and Inclusive Growth Institute Working Papers 17, Federal Reserve Bank of Minneapolis.
    58. Adam Pigoń & Michał Ramsza, 2022. "A Comparison of German, Swiss, and Polish Fiscal Rules Using Monte Carlo Simulations," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 4, pages 17-41.
    59. Ole Henning Nyhus & Bjarne Strøm, 2023. "Young Voters and Budget Deficits," CESifo Working Paper Series 10388, CESifo.
    60. Niklas Potrafke, 2023. "The Economic Consequences of Fiscal Rules," CESifo Working Paper Series 10765, CESifo.
    61. Marina Azzimonti & Marco Battaglini & Stephen Coate, 2015. "The Costs and Benefits of Balanced Budget Rules: Lessons from a Political Economy Model of Fiscal Policy," Department of Economics Working Papers 15-03, Stony Brook University, Department of Economics.
    62. Carranza-Ugarte, Luis & Díaz-Saavedra, Julián & Galdon-Sanchez, Jose Enrique, 2023. "Rethinking fiscal rules," Journal of Comparative Economics, Elsevier, vol. 51(3), pages 833-857.
      • Luis Carranza Ugarte & Julian Diaz Saavedra & Jose Enrique Galdon-Sanchez, 2021. "Rethinking fiscal rules," ThE Papers 21/14, Department of Economic Theory and Economic History of the University of Granada..
    63. Mario Alloza & Jesús Gonzalo & Carlos Sanz, 2019. "Dynamic effects of persistent shocks," Working Papers 1944, Banco de España.
    64. Dotti, Valerio & Janeba, Eckhard, 2023. "Consistent flexibility: Enforcement of deficit rules through political incentives," European Journal of Political Economy, Elsevier, vol. 79(C).
    65. Lu, Jingfeng & Wang, Zijia, 2021. "Optimal selling mechanisms with buyer price search," Journal of Economic Theory, Elsevier, vol. 196(C).
    66. Meng, Dawen & Sun, Lei & Tian, Guoqiang, 2022. "Dynamic mechanism design on social networks," Games and Economic Behavior, Elsevier, vol. 131(C), pages 84-120.
    67. Guo, Yingni & Hörner, Johannes, 2020. "Dynamic Allocation without Money," TSE Working Papers 20-1133, Toulouse School of Economics (TSE).
    68. Yingni Guo & Johannes Hörner, 2021. "Dynamic Allocation without Money," Working Papers hal-03187506, HAL.
    69. R. Vijay Krishna & Shiming Fu, 2016. "Dynamic Financial Contracting with Persistent Private Information," 2016 Meeting Papers 89, Society for Economic Dynamics.
    70. Ryota Nakatani, 2019. "A Possible Approach to Fiscal Rules in Small Islands — Incorporating Natural Disasters and Climate Change," IMF Working Papers 2019/186, International Monetary Fund.
    71. Marcela De Castro-Valderrama, 2021. "Present-biased Government, Creative Accounting and a Pitfall in Balanced Budget Rules," Borradores de Economia 1183, Banco de la Republica de Colombia.
    72. Ryota Nakatani, 2021. "Fiscal Rules for Natural Disaster- and Climate Change-Prone Small States," Sustainability, MDPI, vol. 13(6), pages 1-26, March.
    73. Marina Halac & Pierre Yared, 2022. "Instrument-Based versus Target-Based Rules [“The Economics of Labor Coercion”]," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 89(1), pages 312-345.
    74. Krasikov, Ilia & Lamba, Rohit, 2021. "A theory of dynamic contracting with financial constraints," Journal of Economic Theory, Elsevier, vol. 193(C).
    75. Ivan Werning & Dan Cao, 2017. "Saving and Dissaving with Hyperbolic Discounting," 2017 Meeting Papers 1318, Society for Economic Dynamics.
    76. Francisco M. Gonzalez & Itziar Lazkano & Sjak A. Smulders, 2017. "Future-biased Intergenerational Altruism," Working Papers 1703, University of Waterloo, Department of Economics, revised Apr 2017.
    77. Mark Gradstein, 2022. "Government Bailout Funds: Balancing Rules and Discretion," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 54(1), pages 333-342, February.
    78. Laura Alfaro, 2016. "Fiscal Rules and Sovereign Default," 2016 Meeting Papers 209, Society for Economic Dynamics.
    79. Marina Azzimonti & Laura Karpuska & Gabriel Mihalache, 2020. "Bargaining over Mandatory Spending and Entitlements," Department of Economics Working Papers 20-02, Stony Brook University, Department of Economics.
    80. Frederic Cherbonnier, 2016. "optimal insurance for time-inconsistent agents," 2016 Meeting Papers 1344, Society for Economic Dynamics.
    81. Falilou Fall & Debra Bloch & Jean-Marc Fournier & Peter Hoeller, 2015. "Prudent debt targets and fiscal frameworks," OECD Economic Policy Papers 15, OECD Publishing.
    82. Camilo Hern'andez & Dylan Possamai, 2023. "Time-inconsistent contract theory," Papers 2303.01601, arXiv.org.
    83. Radoslaw Paluszynski & Pei Cheng, 2019. "Pay What Your Dad Paid: Commitment and Price Rigidity in the Market for Life Insurance," Discussion Papers 2019-02, School of Economics, The University of New South Wales.
    84. Tangerås, Thomas & Gick, Wolfgang, 2021. "Contracting with Endogenously Incomplete Commitment: Escape Clauses," Working Paper Series 1390, Research Institute of Industrial Economics.
    85. Karakas, Leyla D., 2016. "Political turnover and the accumulation of democratic capital," European Journal of Political Economy, Elsevier, vol. 44(C), pages 195-213.
    86. Christos Kotsogiannis & Robert Schwager, 2022. "Present bias and externalities: Can government intervention raise welfare?," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 55(3), pages 1480-1506, August.
    87. Díaz-Roldán Carmen & Filho Fernando Ferrari & da Silva Bichara Julimar, 2021. "Fiscal Rules in Economic Crisis: The Trade-off Between Consolidation and Recovery, from a European Perspective," Economics - The Open-Access, Open-Assessment Journal, De Gruyter, vol. 15(1), pages 199-216, January.
    88. Ethan Ilzetzki & Heidi Christina Thysen, 2024. "Fiscal Rules and Market Discipline," Discussion Papers 2409, Centre for Macroeconomics (CFM).
    89. Pierre-Edouard Collignon, 2021. "No Regret Fiscal Reforms," Working Papers 2021-20, Center for Research in Economics and Statistics.
    90. Dino Gerardi & Lucas Maestri & Ignacio Monzón, 2024. "Delegation with Endogenous States," Working Papers 309, Red Nacional de Investigadores en Economía (RedNIE).
    91. Coate, Stephen & Milton, Ross T., 2019. "Optimal fiscal limits with overrides," Journal of Public Economics, Elsevier, vol. 174(C), pages 76-92.
    92. Christian Moser & Pierre Yared, 2021. "Online Appendix to "Pandemic Lockdown: The Role of Government Commitment"," Online Appendices 20-442, Review of Economic Dynamics.

  12. Marina Halac & Sergio Schmukler, 2003. "Distributional effects of crises : the role of financial transfers," Policy Research Working Paper Series 3173, The World Bank.

    Cited by:

    1. Sanchez-Fung, Jose R., 2008. "The day-to-day interbank market, volatility, and central bank intervention in a developing economy," Economics Discussion Papers 2008-2, School of Economics, Kingston University London.
    2. Mohseni-Cheraghlou, Amin, 2016. "The Aftermath of Financial Crises: A Look on Human and Social Wellbeing," World Development, Elsevier, vol. 87(C), pages 88-106.
    3. Martín González-Rozada, Mirta Molinari and Mario Virgolini, 2008. "The Economic Impact of Smoke-Free Laws on the Sales of Bars and Restaurants in Argentina," Business School Working Papers 2008-03, Universidad Torcuato Di Tella.
    4. Recalde, Marina & Ramos-Martin, Jesús, 2012. "Going beyond energy intensity to understand the energy metabolism of nations: The case of Argentina," Energy, Elsevier, vol. 37(1), pages 122-132.
    5. Demir, Firat, 2006. "Volatility of short term capital flows and socio-political instability in Argentina, Mexico and Turkey," MPRA Paper 1943, University Library of Munich, Germany.
    6. Perotti, Roberto, 2007. "Fiscal policy in developing countries : a framework and some questions," Policy Research Working Paper Series 4365, The World Bank.
    7. Montiel, Peter & Serven, Luis, 2004. "Macroeconomic stability in developing countries - How much is enough?," Policy Research Working Paper Series 3456, The World Bank.
    8. Siddharth Sharma & Hernan Winkler, 2018. "The labour market effects of financial crises : The role of temporary contracts in Central and Western Europe," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 26(1), pages 35-60, January.
    9. Feijen, Erik, 2005. "Do incumbents manipulate access to finance during banking crises?," Policy Research Working Paper Series 3660, The World Bank.
    10. Stijn Claessens & Erik Feijen, 2006. "Financial Sector Development and the Millennium Development Goals," World Bank Publications - Books, The World Bank Group, number 7145, December.
    11. Saibal Ghosh, 2013. "The economics and politics of output volatility: evidence from Indian states," International Review of Applied Economics, Taylor & Francis Journals, vol. 27(1), pages 110-134, January.
    12. David McKenzie & Ernesto Schargrodsky, 2005. "Buying Less, But Shopping More: Changes In Consumption Patterns During A Crisis," Business School Working Papers buyinglessshop, Universidad Torcuato Di Tella.
    13. Sergio L. Schmukler, 2004. "Financial globalization: gain and pain for developing countries," Economic Review, Federal Reserve Bank of Atlanta, vol. 89(Q 2), pages 39-66.
    14. Susie Lee & Ingmar Schumacher, 2011. "When does financial sector (in)stability induce financial reforms?," Working Papers hal-00637954, HAL.
    15. Fiorio, Carlo V. & Saget, Catherine., 2010. "Reducing or aggravating inequality? : Preliminary findings from the 2008 financial crisis," ILO Working Papers 994564873402676, International Labour Organization.

Articles

  1. Marina Halac & Pierre Yared, 2022. "Instrument-Based versus Target-Based Rules [“The Economics of Labor Coercion”]," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 89(1), pages 312-345.

    Cited by:

    1. Díaz-Roldán Carmen & Filho Fernando Ferrari & da Silva Bichara Julimar, 2021. "Fiscal Rules in Economic Crisis: The Trade-off Between Consolidation and Recovery, from a European Perspective," Economics - The Open-Access, Open-Assessment Journal, De Gruyter, vol. 15(1), pages 199-216, January.

  2. Marina Halac & Pierre Yared, 2022. "Fiscal Rules and Discretion Under Limited Enforcement," Econometrica, Econometric Society, vol. 90(5), pages 2093-2127, September.
    See citations under working paper version above.
  3. Marina Halac & Elliot Lipnowski & Daniel Rappoport, 2022. "Addressing Strategic Uncertainty with Incentives and Information," AEA Papers and Proceedings, American Economic Association, vol. 112, pages 431-437, May.

    Cited by:

    1. Li, Fei & Song, Yangbo & Zhao, Mofei, 2023. "Global manipulation by local obfuscation," Journal of Economic Theory, Elsevier, vol. 207(C).

  4. Marina Halac & Elliot Lipnowski & Daniel Rappoport, 2021. "Rank Uncertainty in Organizations," American Economic Review, American Economic Association, vol. 111(3), pages 757-786, March.

    Cited by:

    1. Roweno J. R. K. Heijmans, 2023. "Unraveling Coordination Problems," Papers 2307.08557, arXiv.org, revised Aug 2023.
    2. Li, Fei & Song, Yangbo & Zhao, Mofei, 2023. "Global manipulation by local obfuscation," Journal of Economic Theory, Elsevier, vol. 207(C).
    3. Ian M. Schmutte & Nathan Yoder, 2022. "Information Design for Differential Privacy," Papers 2202.05452, arXiv.org, revised Dec 2022.
    4. Amir Habibi, 2023. "Pay Transparency in Organizations," Rationality and Competition Discussion Paper Series 395, CRC TRR 190 Rationality and Competition.
    5. Kets, Willemien, 2021. "Organizational Design: Culture and Incentives," SocArXiv 3y8t4, Center for Open Science.
    6. Raphael Soubeyran, 2021. "Pro-social Motivations, Externalities and Incentives," CEE-M Working Papers hal-03212888, CEE-M, Universtiy of Montpellier, CNRS, INRA, Montpellier SupAgro.
    7. Heijmans, Roweno J.R.K., 2023. "Unraveling Coordination Problems," Discussion Papers 2023/20, Norwegian School of Economics, Department of Business and Management Science.

  5. Marina Halac & Ilan Kremer & Eyal Winter, 2020. "Raising Capital from Heterogeneous Investors," American Economic Review, American Economic Association, vol. 110(3), pages 889-921, March.
    See citations under working paper version above.
  6. Marina Halac & Pierre Yared, 2020. "Commitment versus Flexibility with Costly Verification," Journal of Political Economy, University of Chicago Press, vol. 128(12), pages 4523-4573.

    Cited by:

    1. Ngene, Geoffrey M. & Tah, Kenneth A., 2023. "How are policy uncertainty, real economy, and financial sector connected?," Economic Modelling, Elsevier, vol. 123(C).
    2. Arawatari, Ryo & Ono, Tetsuo, 2019. "Public debt rule breaking by time-inconsistent voters," MPRA Paper 102601, University Library of Munich, Germany, revised 21 Aug 2020.
    3. Moser, Christian & Yared, Pierre, 2020. "Pandemic Lockdown: The Role of Government Commitment," MPRA Paper 99804, University Library of Munich, Germany.
    4. Pagenhardt, Laura & Große Steffen, Christoph & Rieth, Malte, 2021. "Commited to Flexible Fiscal Rules," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242330, Verein für Socialpolitik / German Economic Association.
    5. Alireza Fallah & Michael I. Jordan, 2023. "Contract Design With Safety Inspections," Papers 2311.02537, arXiv.org.
    6. Zhou, Junya, 2023. "Costly verification and commitment in persuasion," Journal of Economic Behavior & Organization, Elsevier, vol. 212(C), pages 1100-1142.
    7. Devdariani, Saba & Hirsch, Alexander V., 2023. "Voter attention and electoral accountability," Journal of Public Economics, Elsevier, vol. 224(C).
    8. Christian Moser & Pierre Yared, 2021. "Online Appendix to "Pandemic Lockdown: The Role of Government Commitment"," Online Appendices 20-442, Review of Economic Dynamics.

  7. Marina Halac & Ilan Kremer, 2020. "Experimenting with Career Concerns," American Economic Journal: Microeconomics, American Economic Association, vol. 12(1), pages 260-288, February.
    See citations under working paper version above.
  8. Marina Halac & Pierre Yared, 2018. "Fiscal Rules and Discretion in a World Economy," American Economic Review, American Economic Association, vol. 108(8), pages 2305-2334, August.
    See citations under working paper version above.
  9. Marina Halac & Navin Kartik & Qingmin Liu, 2017. "Contests for Experimentation," Journal of Political Economy, University of Chicago Press, vol. 125(5), pages 1523-1569.

    Cited by:

    1. Hinnosaar, Toomas, 2024. "Optimal sequential contests," Theoretical Economics, Econometric Society, vol. 19(1), January.
    2. Cary Deck & James J. Murphy, 2017. "Contests and Innovation," Southern Economic Journal, John Wiley & Sons, vol. 84(2), pages 373-374, October.
    3. Ming Hu & Lu Wang, 2021. "Joint vs. Separate Crowdsourcing Contests," Management Science, INFORMS, vol. 67(5), pages 2711-2728, May.
    4. Cetemen, Doruk & Hwang, Ilwoo & Kaya, Ayça, 2020. "Uncertainty-driven cooperation," Theoretical Economics, Econometric Society, vol. 15(3), July.
    5. Gwen-Jiro Clochard & Guillaume Hollard & Julia Wirtz, 2022. "More effort or better technologies? On the effect of relative performance feedback," Bristol Economics Discussion Papers 22/767, School of Economics, University of Bristol, UK.
    6. Dosis, Anastasios & Muthoo, Abhinay, 2019. "Experimentation in Dynamic R&D Competition," The Warwick Economics Research Paper Series (TWERPS) 1214, University of Warwick, Department of Economics.
    7. Mikhail Drugov & Dmitry Ryvkin, 2018. "Tournament Rewards and Heavy Tails," Working Papers w0250, Center for Economic and Financial Research (CEFIR).
    8. Shanglyu Deng & Hanming Fang & Qiang Fu & Zenan Wu, 2023. "Information Favoritism and Scoring Bias in Contests," NBER Working Papers 31036, National Bureau of Economic Research, Inc.
    9. Yeon-Koo Che & Elisabetta Iossa & Patrick Rey, 2021. "Prizes versus Contracts as Incentives for Innovation [Subgame Perfect Implementation Under Information Perturbations]," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 88(5), pages 2149-2178.
    10. Th'eo Durandard, 2023. "Dynamic delegation in promotion contests," Papers 2308.05668, arXiv.org.
    11. Thomas, Caroline, 2019. "Experimentation with reputation concerns – Dynamic signalling with changing types," Journal of Economic Theory, Elsevier, vol. 179(C), pages 366-415.
    12. Gordon, Sidartha & Marlats, Chantal & Ménager, Lucie, 2021. "Observation delays in teams and effort cycles," Games and Economic Behavior, Elsevier, vol. 130(C), pages 276-298.
    13. Longyuan Du & Ming Hu & Jiahua Wu, 2022. "Sales Effort Management Under All-or-Nothing Constraint," Management Science, INFORMS, vol. 68(7), pages 5109-5126, July.
    14. Bo Chen & Bo Chen & Dmitriy Knyazev, 2022. "Information disclosure in dynamic research contests," RAND Journal of Economics, RAND Corporation, vol. 53(1), pages 113-137, March.
    15. Andrea Mattozzi & Fabio Michelucci, 2017. "Electoral Contests with Dynamic Campaign Contributions," CERGE-EI Working Papers wp599, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    16. Hoppe-Wewetzer, Heidrun & Katsenos, Georgios & Ozdenoren, Emre, 2023. "The effects of rivalry on scientific progress under public vs private learning," Journal of Economic Theory, Elsevier, vol. 212(C).
    17. Raphael Boleslavsky, 2023. "Waiting for Fake News," Papers 2304.04053, arXiv.org, revised Apr 2023.
    18. Svetlana Boyarchenko, 2020. "Super- and submodularity of stopping games with random observations," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 70(4), pages 983-1022, November.
    19. Yves Guéron & Jihong Lee, 2022. "Learning by Selling, Knowledge Spillovers, and Patents," Journal of Industrial Economics, Wiley Blackwell, vol. 70(4), pages 867-912, December.
    20. Amir Habibi, 2023. "Pay Transparency in Organizations," Rationality and Competition Discussion Paper Series 395, CRC TRR 190 Rationality and Competition.
    21. Stanton Hudja & Daniel Woods, 2024. "Exploration versus exploitation: A laboratory test of the single‐agent exponential bandit model," Economic Inquiry, Western Economic Association International, vol. 62(1), pages 267-286, January.
    22. Zhaohui (Zoey) Jiang & Yan Huang & Damian R. Beil, 2022. "The Role of Feedback in Dynamic Crowdsourcing Contests: A Structural Empirical Analysis," Management Science, INFORMS, vol. 68(7), pages 4858-4877, July.
    23. Brice Corgnet & Roberto Hernán González, 2023. "You Will not Regret it: On the Practice of Randomized Incentives," Working Papers 2314, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
    24. Francis Bloch & Simona Fabrizi & Steffen Lippert, 2022. "Hiding and herding in market entry," Post-Print halshs-03956373, HAL.
    25. Gaurab Aryal & Federico Ciliberto & Leland E. Farmer & Ekaterina Khmelnitskaya, 2022. "Valuing Pharmaceutical Drug Innovations," Papers 2212.07384, arXiv.org, revised Apr 2024.
    26. Dmitry Ryvkin, 2022. "To Fight or to Give Up? Dynamic Contests with a Deadline," Management Science, INFORMS, vol. 68(11), pages 8144-8165, November.
    27. Hudja, Stanton, 2021. "Is Experimentation Invariant to Group Size? A Laboratory Analysis of Innovation Contests," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 91(C).
    28. Sadler, Evan, 2021. "Dead ends," Journal of Economic Theory, Elsevier, vol. 191(C).
    29. Wei Zhang & Long Gao & Mohammad Zolghadr & Dawei Jian & Mohsen ElHafsi, 2023. "Dynamic incentives for sustainable contract farming," Production and Operations Management, Production and Operations Management Society, vol. 32(7), pages 2049-2067, July.
    30. Jürgen Mihm & Jochen Schlapp, 2019. "Sourcing Innovation: On Feedback in Contests," Management Science, INFORMS, vol. 65(2), pages 559-576, February.
    31. Segev, Ella, 2020. "Crowdsourcing contests," European Journal of Operational Research, Elsevier, vol. 281(2), pages 241-255.
    32. Matros, Alexander & Ponomareva, Natalia & Smirnov, Vladimir & Wait, Andrew, 2022. "Search without looking," Journal of Economic Dynamics and Control, Elsevier, vol. 139(C).
    33. Brendan Daley & Ruoyu Wang, 2018. "When to Release Feedback in a Dynamic Tournament," Decision Analysis, INFORMS, vol. 15(1), pages 11-26, March.
    34. Mayskaya, Tatiana & Nikandrova, Arina, 2023. "The dark side of transparency: When hiding in plain sight works," Journal of Economic Theory, Elsevier, vol. 212(C).
    35. Andrew McClellan, 2022. "Experimentation and Approval Mechanisms," Econometrica, Econometric Society, vol. 90(5), pages 2215-2247, September.

  10. Marina Halac & Navin Kartik & Qingmin Liu, 2016. "Optimal Contracts for Experimentation," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 83(3), pages 1040-1091.

    Cited by:

    1. Xu Tan & Quan Wen, 2020. "Information acquisition and voting with heterogeneous experts," RAND Journal of Economics, RAND Corporation, vol. 51(4), pages 1063-1092, December.
    2. Alessandro Spiganti, 2022. "Wealth Inequality and the Exploration of Novel Alternatives," Working Papers 2022:02, Department of Economics, University of Venice "Ca' Foscari".
    3. Can Urgun & Leeat Yariv, 2021. "Retrospective Search: Exploration and Ambition on Uncharted Terrain," Working Papers 2021-33, Princeton University. Economics Department..
    4. Alex Smolin, 2021. "Dynamic Evaluation Design," American Economic Journal: Microeconomics, American Economic Association, vol. 13(4), pages 300-331, November.
    5. Jin Hyuk Choi & Kookyoung Han, 2023. "Delegation of information acquisition, information asymmetry, and outside option," International Journal of Game Theory, Springer;Game Theory Society, vol. 52(3), pages 833-860, September.
    6. Emeric Henry & Marco Loseto & Marco Ottaviani, 2022. "Regulation with Experimentation: Ex Ante Approval, Ex Post Withdrawal, and Liability," SciencePo Working papers Main hal-03874153, HAL.
    7. Catherine Bobtcheff & Raphaël Levy, 2017. "More Haste, Less Speed? Signaling through Investment Timing," American Economic Journal: Microeconomics, American Economic Association, vol. 9(3), pages 148-186, August.
    8. Shivam Gupta & Anupam Agrawal & Jennifer K. Ryan, 2023. "Agile contracting: Managing incentives under uncertain needs," Production and Operations Management, Production and Operations Management Society, vol. 32(3), pages 972-988, March.
    9. Rodivilov, Alexander, 2022. "Monitoring innovation," Games and Economic Behavior, Elsevier, vol. 135(C), pages 297-326.
    10. Chen, Chia-Hui & Ishida, Junichiro, 2018. "Hierarchical experimentation," Journal of Economic Theory, Elsevier, vol. 177(C), pages 365-404.
    11. Tinghua Yu, 2021. "Accountability and learning with motivated agents," BCAM Working Papers 2107, Birkbeck Centre for Applied Macroeconomics.
    12. Tinghua Yu, 2022. "Accountability and learning with motivated agents," Journal of Theoretical Politics, , vol. 34(2), pages 313-329, April.
    13. Arie, Guy, 2016. "Dynamic costs and moral hazard: A duality-based approach," Journal of Economic Theory, Elsevier, vol. 166(C), pages 1-50.
    14. Tan, Teck Yong, 2021. "Assignment under task dependent private information," Journal of Economic Behavior & Organization, Elsevier, vol. 186(C), pages 632-645.
    15. Heidhues, Paul & Rady, Sven & Strack, Philipp, 2012. "Strategic Experimentation with Private Payoffs," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 387, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    16. Fudenberg, Drew & He, Kevin, 2021. "Player-compatible learning and player-compatible equilibrium," Journal of Economic Theory, Elsevier, vol. 194(C).
    17. Yaping Shan, 2017. "Incentives for Research Agents and Performance-vested Equity-based Compensation," School of Economics and Public Policy Working Papers 2017-15, University of Adelaide, School of Economics and Public Policy.
    18. Hector Chade, 2017. "Disentangling Moral Hazard and Adverse Selection," 2017 Meeting Papers 1537, Society for Economic Dynamics.
    19. Bhattacharjee, Swagata, 2022. "Dynamic contracting for innovation under ambiguity," Games and Economic Behavior, Elsevier, vol. 132(C), pages 534-552.
    20. Aubrey Clark & Giovanni Reggiani, 2021. "Contracts for acquiring information," Papers 2103.03911, arXiv.org.
    21. Carroll, Gabriel, 2019. "Robust incentives for information acquisition," Journal of Economic Theory, Elsevier, vol. 181(C), pages 382-420.
    22. Yingni Guo, 2016. "Dynamic Delegation of Experimentation," American Economic Review, American Economic Association, vol. 106(8), pages 1969-2008, August.
    23. Duarte Gonc{c}alves, 2024. "Speed, Accuracy, and Complexity," Papers 2403.11240, arXiv.org.
    24. Kaustav Das & Nicolas Klein, 2020. "Do Stronger Patents Lead to Faster Innovation? The Effect of Duplicative Search," Discussion Papers in Economics 20/03, Division of Economics, School of Business, University of Leicester.
    25. Chia‐Hui Chen & Junichiro Ishida, 2018. "Dynamic performance evaluation with deadlines: The role of commitment," Journal of Industrial Economics, Wiley Blackwell, vol. 66(2), pages 377-422, June.
    26. Marlats, Chantal & Ménager, Lucie, 2021. "Strategic observation with exponential bandits," Journal of Economic Theory, Elsevier, vol. 193(C).
    27. Oleg Muratov, 2023. "Entrepreneur–Investor Information Design," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 64(4), pages 1431-1467, November.
    28. Yaping Shan, 2013. "Incentives for Research Agents: Optimal Contracts and Implementation," School of Economics and Public Policy Working Papers 2013-20, University of Adelaide, School of Economics and Public Policy.
    29. Fahad Khalil & Jacques Lawarree & Alexander Rodivilov, 2018. "Learning from Failures: Optimal Contract for Experimentation and Production," CESifo Working Paper Series 7310, CESifo.
    30. Thomas Greve & Hans Keiding, 2023. "A model of privately funded public research," Journal of Economics, Springer, vol. 140(1), pages 63-91, September.
    31. Stanton Hudja & Daniel Woods, 2024. "Exploration versus exploitation: A laboratory test of the single‐agent exponential bandit model," Economic Inquiry, Western Economic Association International, vol. 62(1), pages 267-286, January.
    32. Mira Frick & Yuhta Ishii, 2015. "Innovation Adoption by Forward-Looking Social Learners," Cowles Foundation Discussion Papers 1877, Cowles Foundation for Research in Economics, Yale University.
    33. Choi, Jin Hyuk & Han, Kookyoung, 2020. "Optimal contract for outsourcing information acquisition," Economics Letters, Elsevier, vol. 195(C).
    34. Oleg Muratov, 2020. "Entrepreneur-Investor Information Design," Diskussionsschriften dp2014, Universitaet Bern, Departement Volkswirtschaft.
    35. Emma von Essen & Marieke Huysentruyt & Topi Miettinen, 2020. "Exploration in Teams and the Encouragement Effect: Theory and Experimental Evidence," Management Science, INFORMS, vol. 66(12), pages 5861-5885, December.
    36. Zehao Hu, 2014. "Financing Innovation with Unobserved Progress," PIER Working Paper Archive 15-002, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    37. Li, Jin & Mukherjee, Arijit & Vasconcelos, Luis, 2019. "Managing performance evaluation systems: Relational incentives in the presence of learning-by-shirking," Working Papers 2018-12, Michigan State University, Department of Economics.
    38. Chia-Hui Chen & Junichiro Ishida, 2015. "A Tenure-Clock Problem," ISER Discussion Paper 0919, Institute of Social and Economic Research, Osaka University.
    39. Sadler, Evan, 2021. "Dead ends," Journal of Economic Theory, Elsevier, vol. 191(C).
    40. Wei Zhang & Long Gao & Mohammad Zolghadr & Dawei Jian & Mohsen ElHafsi, 2023. "Dynamic incentives for sustainable contract farming," Production and Operations Management, Production and Operations Management Society, vol. 32(7), pages 2049-2067, July.
    41. Emma von Essen & Marieke Huysentruyt & Topi Miettinen, 2019. "Exploration in Teams and the Encouragement Effect: Theory and Evidence," Economics Working Papers 2019-10, Department of Economics and Business Economics, Aarhus University.
    42. Samuel Häfner & Curtis R. Taylor, 2022. "On young Turks and yes men: optimal contracting for advice," RAND Journal of Economics, RAND Corporation, vol. 53(1), pages 63-94, March.
    43. Chia-Hui Chen & Junichiro Ishida, 2017. "Rewarding Mediocrity? Optimal Regulation of R&D Markets with Reputation Concerns," ISER Discussion Paper 0994, Institute of Social and Economic Research, Osaka University.
    44. Alessandro Spiganti, 2020. "Can Starving Start‐ups Beat Fat Labs? A Bandit Model of Innovation with Endogenous Financing Constraint," Scandinavian Journal of Economics, Wiley Blackwell, vol. 122(2), pages 702-731, April.
    45. Yariv, Leeat & Urgun, Can, 2020. "Retrospective Search: Exploration and Ambition on Uncharted Terrain," CEPR Discussion Papers 15534, C.E.P.R. Discussion Papers.
    46. Tal Alon & Paul Dutting & Yingkai Li & Inbal Talgam-Cohen, 2022. "Bayesian Analysis of Linear Contracts," Papers 2211.06850, arXiv.org, revised Jul 2023.
    47. Andrew McClellan, 2022. "Experimentation and Approval Mechanisms," Econometrica, Econometric Society, vol. 90(5), pages 2215-2247, September.

  11. Marina Halac & Andrea Prat, 2016. "Managerial Attention and Worker Performance," American Economic Review, American Economic Association, vol. 106(10), pages 3104-3132, October.

    Cited by:

    1. Andrej Angelovski & Daniela Cagno & Daniela Grieco & Werner Güth, 2019. "Trusting versus monitoring: an experiment of endogenous institutional choices," Evolutionary and Institutional Economics Review, Springer, vol. 16(2), pages 329-355, December.
    2. Prat, Andrea & Hansen, Stephen & Sadun, Raffaella & Bandiera, Oriana, 2017. "CEO Behavior and Firm Performance," CEPR Discussion Papers 11960, C.E.P.R. Discussion Papers.
    3. Garrett, Daniel F. & Dilmé, Francesc, 2019. "Residual Deterrence," TSE Working Papers 19-1029, Toulouse School of Economics (TSE).
    4. Prat, Andrea & Bandiera, Oriana & Sadun, Raffaella & Lemos, Renata, 2015. "Managing the Family Firm: Evidence from CEOs at Work," CEPR Discussion Papers 10379, C.E.P.R. Discussion Papers.
    5. Heski Bar-Isaac & Joyee Deb, 2021. "Reputation With Opportunities for Coasting," Journal of the European Economic Association, European Economic Association, vol. 19(1), pages 200-236.
    6. Lars Hornuf & Sabrina Jeworrek, 2018. "How Community Managers Affect Online Idea Crowdsourcing Activities," CESifo Working Paper Series 7153, CESifo.
    7. Hornuf, Lars & Jeworrek, Sabrina, 2018. "Crowdsourced innovation: How community managers affect crowd activities," IWH Discussion Papers 13/2018, Halle Institute for Economic Research (IWH).
    8. Barbos, Andrei, 2019. "Dynamic contracts with random monitoring," Journal of Mathematical Economics, Elsevier, vol. 85(C), pages 1-16.
    9. Iván Marinovic & Martin Szydlowski, 2022. "Monitoring with career concerns," RAND Journal of Economics, RAND Corporation, vol. 53(2), pages 404-428, June.
    10. Mayer, Simon, 2022. "Financing breakthroughs under failure risk," Journal of Financial Economics, Elsevier, vol. 144(3), pages 807-848.
    11. Tan, Teck Yong, 2023. "Optimal transparency of monitoring capability," Journal of Economic Theory, Elsevier, vol. 209(C).
    12. Prat, Andrea & Dessein, Wouter, 2019. "Organizational Capital, Corporate Leadership, and Firm Dynamics," CEPR Discussion Papers 13513, C.E.P.R. Discussion Papers.
    13. Scur, Daniela & Lemos, Renata, 2019. "The ties that bind: implicit contracts and management practices in family-run firms," CEPR Discussion Papers 13794, C.E.P.R. Discussion Papers.
    14. Achim, Peter & Knoepfle, Jan, 0. "Relational enforcement," Theoretical Economics, Econometric Society.
    15. Jin Li & Arijit Mukherjee & Luis Vasconcelos, 2023. "What Makes Agility Fragile? A Dynamic Theory of Organizational Rigidity," Management Science, INFORMS, vol. 69(6), pages 3578-3601, June.
    16. Dilmé, Francesc, 2019. "Reputation building through costly adjustment," Journal of Economic Theory, Elsevier, vol. 181(C), pages 586-626.
    17. Barron, Daniel & Georgiadis, George & Swinkels, Jeroen M., 2020. "Optimal contracts with a risk-taking agent," Theoretical Economics, Econometric Society, vol. 15(2), May.
    18. Achyuta Adhvaryu & Namrata Kala & Anant Nyshadham, 2019. "Management and Shocks to Worker Productivity," NBER Working Papers 25865, National Bureau of Economic Research, Inc.

  12. Marina Halac, 2015. "Investing in a relationship," RAND Journal of Economics, RAND Corporation, vol. 46(1), pages 165-185, March.

    Cited by:

    1. Kranz, Sebastian, 2013. "Relational Contracting, Repeated Negotiations, and Hold-Up," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 80047, Verein für Socialpolitik / German Economic Association.
    2. Jin‐Hyuk Kim & Nick Vikander, 2023. "Commitment and discretion in contracts: theory and evidence from retirement plans," Scandinavian Journal of Economics, Wiley Blackwell, vol. 125(2), pages 461-488, April.
    3. Jean-Pierre Benoît & Roberto Galbiati & Emeric Henry, 2013. "Investing to Cooperate:Theory and Experiment," Working Papers hal-03473941, HAL.
    4. Daniel Barron & Jin Li & Michał Zator, 2022. "Morale and Debt Dynamics," Management Science, INFORMS, vol. 68(6), pages 4496-4516, June.
    5. Francesc Dilmé & Daniel F. Garrett, 2023. "Relational Contracts: Public versus Private Savings," Econometrica, Econometric Society, vol. 91(3), pages 1025-1075, May.
    6. Malodia, Suresh & Dhir, Amandeep & Mishra, Mahima & Bhatti, Zeeshan Ahmed, 2021. "Future of e-Government: An integrated conceptual framework," Technological Forecasting and Social Change, Elsevier, vol. 173(C).
    7. Englmaier, Florian & Fahn, Matthias, 2018. "Size Matters - \'Over\'investments in a Relational Contracting Setting," Rationality and Competition Discussion Paper Series 62, CRC TRR 190 Rationality and Competition.
    8. Halonen-Akatwijuka, Maija & Pafilis, Evagelos, 2020. "Common ownership of public goods," Journal of Economic Behavior & Organization, Elsevier, vol. 180(C), pages 555-578.
    9. Bård Harstad & Francesco Lancia & Alessia Russo, 2019. "Compliance Technology and Self-enforcing Agreements," Journal of the European Economic Association, European Economic Association, vol. 17(1), pages 1-29.
    10. W. Bentley MacLeod & James M. Malcomson, 2023. "Implicit Contracts, Incentive Compatibility, and Involuntary Unemployment: Thirty Years On," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 179(3-4), pages 470-499.
    11. Russo, Giovanni & Van Houten, Gijs, 2021. "Complex Job Design and Layers of Hierarchy," IZA Discussion Papers 14455, Institute of Labor Economics (IZA).
    12. Lancia Francesco & Russo Alessia, 2019. "Sustaining Cooperation Through Strategic Self-Interested Actions," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 19(2), pages 1-11, June.
    13. Palermo, Alberto, 2016. "Hold-up in vertical hierarchies with adverse selection," Economics Letters, Elsevier, vol. 148(C), pages 91-95.
    14. Englmaier, Florian & Fahn, Matthias, 2014. "Size Matters - “Over†investments in a Relational Contracting Setting," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 506, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    15. Harstad, Bård & Lancia, Francesco & Russo, Alessia, 2022. "Prices vs. quantities for self-enforcing agreements," Journal of Environmental Economics and Management, Elsevier, vol. 111(C).
    16. Goldlücke, Susanne & Kranz, Sebastian, 2017. "Reconciliating Relational Contracting and Hold-up: A Model of Repeated Negotiations," CEPR Discussion Papers 12540, C.E.P.R. Discussion Papers.
    17. Glover, Jonathan & Xue, Hao, 2023. "Accounting conservatism and relational contracting," Journal of Accounting and Economics, Elsevier, vol. 76(1).

  13. Marina Halac & Pierre Yared, 2014. "Fiscal Rules and Discretion Under Persistent Shocks," Econometrica, Econometric Society, vol. 82, pages 1557-1614, September.
    See citations under working paper version above.
  14. Marina Halac, 2014. "Relationship Building: Conflict and Project Choice over Time," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 30(4), pages 683-708.

    Cited by:

    1. Christian Fischer‐Thöne, 2023. "Optimal Payment Contracts In Trade Relationships," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 64(4), pages 1649-1683, November.
    2. Beata Grzyl & Magdalena Apollo & Adam Kristowski, 2019. "Application of Game Theory to Conflict Management in a Construction Contract," Sustainability, MDPI, vol. 11(7), pages 1-12, April.
    3. Jin Li & Niko Matouschek & Michael Powell, 2017. "Power Dynamics in Organizations," American Economic Journal: Microeconomics, American Economic Association, vol. 9(1), pages 217-241, February.
    4. Fischer, Christian, 2020. "Optimal payment contracts in trade relationships," DICE Discussion Papers 332, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    5. Englmaier, Florian & Segal, Carmit, 2016. "Morale, Relationships, and Wages: An Experimental Study," VfS Annual Conference 2016 (Augsburg): Demographic Change 145662, Verein für Socialpolitik / German Economic Association.
    6. Luis Garicano & Luis Rayo, 2016. "Why Organizations Fail: Models and Cases," Journal of Economic Literature, American Economic Association, vol. 54(1), pages 137-192, March.
    7. Jean Guillaume Forand & Jan Zapal, 2017. "The Demand and Supply of Favours in Dynamic Relationships," CERGE-EI Working Papers wp605, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    8. Jin Li & Arijit Mukherjee & Luis Vasconcelos, 2023. "What Makes Agility Fragile? A Dynamic Theory of Organizational Rigidity," Management Science, INFORMS, vol. 69(6), pages 3578-3601, June.

  15. Marina Halac, 2012. "Relational Contracts and the Value of Relationships," American Economic Review, American Economic Association, vol. 102(2), pages 750-779, April.

    Cited by:

    1. Christian Fischer‐Thöne, 2023. "Optimal Payment Contracts In Trade Relationships," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 64(4), pages 1649-1683, November.
    2. Francisco Brahm & Jorge Tarzijan, 2016. "Relational Contracts and Collaboration in the Supply Chain: Impact of Expected Future Business Volume on the Make-or-Buy Decision," Journal of Supply Chain Management, Institute for Supply Management, vol. 52(3), pages 48-67, July.
    3. Halac, Marina & Yared, Pierre, 2012. "Fiscal Rules and Discretion under Persistent Shocks," Economic Research Papers 270535, University of Warwick - Department of Economics.
    4. Sanktjohanser, Anna & Hörner, Johannes, 2022. "Too Much of A Good Thing?," TSE Working Papers 22-1327, Toulouse School of Economics (TSE).
    5. Johannes Hörner & Anna Sanktjohanser, 2022. "Too Much of A Good Thing?," Working Papers hal-03632455, HAL.
    6. Wagner, Alexander F., 2011. "Relational contracts when the agent's productivity inside the relationship is correlated with outside opportunities," CEPR Discussion Papers 8378, C.E.P.R. Discussion Papers.
    7. Gil, Ricard & Marion, Justin, 2009. "The Role of Repeated Interactions, Self-Enforcing Agreements and Relational [Sub]Contracting: Evidence from California Highway Procurement Auctions," University of California Transportation Center, Working Papers qt7r14d10x, University of California Transportation Center.
    8. John M. de Figueiredo & Brian S. Silverman, 2017. "On the Genesis of Interfirm Relational Contracts," Strategy Science, INFORMS, vol. 2(4), pages 234-245, December.
    9. Kevin Lang & Kaiwen Leong & Huailu Li & Haibo Xu, 2019. "Lending to the Unbanked: Relational Contracting with Loan Sharks," NBER Working Papers 26400, National Bureau of Economic Research, Inc.
    10. Jin‐Hyuk Kim & Nick Vikander, 2023. "Commitment and discretion in contracts: theory and evidence from retirement plans," Scandinavian Journal of Economics, Wiley Blackwell, vol. 125(2), pages 461-488, April.
    11. Holger Herz & Armin Schmutzler & André Volk, 2016. "Cooperation and Mistrust in Relational Contracts," CESifo Working Paper Series 6045, CESifo.
    12. David Martimort & Aggey Semenov & Lars Stole, 2017. "A Theory of Contracts with Limited Enforcement," Post-Print halshs-01509602, HAL.
    13. Fong, Yuk-fai & Li, Jin, 2017. "Relational contracts, limited liability, and employment dynamics," Journal of Economic Theory, Elsevier, vol. 169(C), pages 270-293.
    14. David A. Miller & Joel Watson, 2013. "A Theory of Disagreement in Repeated Games With Bargaining," Econometrica, Econometric Society, vol. 81(6), pages 2303-2350, November.
    15. Daniel Barron & Jin Li & Michał Zator, 2022. "Morale and Debt Dynamics," Management Science, INFORMS, vol. 68(6), pages 4496-4516, June.
    16. Chassang, Sylvain & Zehnder, Christian, 2016. "Rewards and punishments: informal contracting through social preferences," Theoretical Economics, Econometric Society, vol. 11(3), September.
    17. Nisvan Erkal & Steven Y. Wu & Brian E. Roe, 2022. "Correction to: Putting relational contract theory to the test: experimental evidence," Experimental Economics, Springer;Economic Science Association, vol. 25(1), pages 140-140, February.
    18. Steven Y. Wu, 2014. "Adapting Contract Theory to Fit Contract Farming," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 96(5), pages 1241-1256.
    19. Fischer, Christian, 2020. "Optimal payment contracts in trade relationships," DICE Discussion Papers 332, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    20. Garicano, Luis & Rayo, Luis, 2016. "Relational Knowledge Transfers," CEPR Discussion Papers 11138, C.E.P.R. Discussion Papers.
    21. James M. Malcomson, 2012. "Relational Incentive Contracts [The Handbook of Organizational Economics]," Introductory Chapters,, Princeton University Press.
    22. Pai, Mallesh & Deb, Rahul & Mitchell, Matthew, 2020. "(Bad) Reputation in Relational Contracting," CEPR Discussion Papers 14408, C.E.P.R. Discussion Papers.
    23. Matthias Fahn & Nicolas Klein, 2017. "Relational Contracts with Private Information on the Future Value of the Relationship: The Upside of Implicit Downsizing Costs," Economics working papers 2017-14, Department of Economics, Johannes Kepler University Linz, Austria.
    24. Florian Englmaier & Guido Friebel & Gerd Muehlheusser & Andreas Roider, 2016. "Symposium on Evidence-Based Management," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 172(2), pages 305-311, June.
    25. Sandip Mitra & Dilip Mookherjee & Maximo Torero & Sujata Visaria, 2015. "Asymmetric Information and Middleman Margins: An Experiment with Indian Potato Farmers," HKUST IEMS Working Paper Series 2015-29, HKUST Institute for Emerging Market Studies, revised Aug 2015.
    26. Alessandro Bonatti & Gonzalo Cisternas, 2022. "Consumer Scores and Price Discrimination," Liberty Street Economics 20220711, Federal Reserve Bank of New York.
    27. Misani, Nicola, 2020. "Sustainability and Implicit Contracts," MPRA Paper 104963, University Library of Munich, Germany.
    28. Francesc Dilmé & Daniel F. Garrett, 2023. "Relational Contracts: Public versus Private Savings," Econometrica, Econometric Society, vol. 91(3), pages 1025-1075, May.
    29. Macchiavello, Rocco & Morjaria, Ameet, 2015. "The value of relationships: evidence from a supply shock to Kenyan rose exports," LSE Research Online Documents on Economics 68207, London School of Economics and Political Science, LSE Library.
    30. Huanxing Yang, 2013. "Nonstationary Relational Contracts With Adverse Selection," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 54(2), pages 525-547, May.
    31. Herbold, Daniel & Schumacher, Heiner, 2020. "The agency costs of on-the-job search," Games and Economic Behavior, Elsevier, vol. 121(C), pages 435-452.
    32. Radoslawa Nikolowa, 2014. "Motivate and Select: Relational Contracts with Persistent Types," Working Papers 721, Queen Mary University of London, School of Economics and Finance.
    33. Nisvan Erkal & Steven Y. Wu & Brian E. Roe, 2022. "Putting relational contract theory to the test: experimental evidence," Experimental Economics, Springer;Economic Science Association, vol. 25(1), pages 111-139, February.
    34. Goergen, Marc & Gounopoulos, Dimitrios & Koutroumpis, Panagiotis, 2021. "Do multiple credit ratings reduce money left on the table? Evidence from U.S. IPOs," Journal of Corporate Finance, Elsevier, vol. 67(C).
    35. Milan Zafirovski, 2022. "Some dilemmas of economic democracy: Indicators and empirical analysis," Economic and Industrial Democracy, Department of Economic History, Uppsala University, Sweden, vol. 43(1), pages 252-302, February.
    36. Harrington, Joseph E. & Zhao, Wei, 2012. "Signaling and tacit collusion in an infinitely repeated Prisoners’ Dilemma," Mathematical Social Sciences, Elsevier, vol. 64(3), pages 277-289.
    37. Halonen-Akatwijuka, Maija & Pafilis, Evagelos, 2020. "Common ownership of public goods," Journal of Economic Behavior & Organization, Elsevier, vol. 180(C), pages 555-578.
    38. Grochulski, Borys & Zhang, Yuzhe, 2023. "Termination as an incentive device," Theoretical Economics, Econometric Society, vol. 18(1), January.
    39. Marina Halac, 2015. "Investing in a relationship," RAND Journal of Economics, RAND Corporation, vol. 46(1), pages 165-185, March.
    40. Johannes Abeler & David Huffman & Colin Raymond, 2023. "Incentive Complexity, Bounded Rationality and Effort Provision," Economics Series Working Papers 1012, University of Oxford, Department of Economics.
    41. Rebecca Henderson, 2021. "Innovation in the 21st Century: Architectural Change, Purpose, and the Challenges of Our Time," Management Science, INFORMS, vol. 67(9), pages 5479-5488, September.
    42. Susan Helper & Rebecca Henderson, 2014. "Management Practices, Relational Contracts, and the Decline of General Motors," NBER Working Papers 19867, National Bureau of Economic Research, Inc.
    43. Sylvain Chassang & Christian Zehnder, 2013. "Contracting Without a Plan: A Theory of Informal Justice," Working Papers 1456, Princeton University, Department of Economics, Econometric Research Program..
    44. Quentin Dupont & Jonathan M. Karpoff, 2020. "The Trust Triangle: Laws, Reputation, and Culture in Empirical Finance Research," Journal of Business Ethics, Springer, vol. 163(2), pages 217-238, May.
    45. Besir Ceka and Brian Burgo, 2014. "Discovering Cooperation: A Contractual Approach to Institutional Change in Regional International Organizations," EUI-RSCAS Working Papers p0388, European University Institute (EUI), Robert Schuman Centre of Advanced Studies (RSCAS).
    46. Noel, Michael D. & Qiang, Hongjie, 2022. "Open price contracts, locked-in buyers, and opportunism," International Journal of Industrial Organization, Elsevier, vol. 85(C).
    47. Ricard Gil & Giorgio Zanarone, 2018. "On the determinants and consequences of informal contracting," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 27(4), pages 726-741, October.
    48. Wu, Steven Y., 2013. "Adapting Contract Theory to Fit Contract Farming," 2014 Allied Social Sciences Association (ASSA) Annual Meeting, January 3-5, 2014, Philadelphia, PA 161894, Agricultural and Applied Economics Association.
    49. Rosch, Stephanie D & Zhang, Cathy & Preckel, Paul & Ortega, David L., 2015. "Do Search Frictions Compound Problems of Relational Contracting?," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California 205779, Agricultural and Applied Economics Association.
    50. Can Urgun, 2021. "Restless Contracting," Working Papers 2021-88, Princeton University. Economics Department..
    51. Luis Garicano & Luis Rayo, 2016. "Why Organizations Fail: Models and Cases," Journal of Economic Literature, American Economic Association, vol. 54(1), pages 137-192, March.
    52. Jean Guillaume Forand & Jan Zapal, 2017. "The Demand and Supply of Favours in Dynamic Relationships," CERGE-EI Working Papers wp605, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    53. Erkal, Nisvan & Wu, Steven Y. & Roe, Brian E., 2014. "Strategic Incomplete Contracts: Theory and Experiments," IZA Discussion Papers 8704, Institute of Labor Economics (IZA).
    54. Anil K. Jain, 2022. "Financing Repeat Borrowers: Designing Credible Incentives for Today and Tomorrow," International Finance Discussion Papers 1364, Board of Governors of the Federal Reserve System (U.S.).
    55. Mohamed Abouaziza, 2022. "Farmer constraints and relational contracts: evidence from agricultural value chains in East Africa," Economics PhD Theses 0122, Department of Economics, University of Sussex Business School.
    56. Stephanie D. Rosch & David L. Ortega, 2019. "Willingness to contract versus opportunity to contract: a case study in Kenya's French bean export market," Agricultural Economics, International Association of Agricultural Economists, vol. 50(1), pages 27-37, January.
    57. Raszap Skorbiansky, Sharon, 2018. "Investing in communication: An experimental study of communication in a relational contract setting," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 74(C), pages 85-96.
    58. Jed DeVaro & Jin-Hyuk Kim & Nick Vikander, 2014. "Pay-for-(Persistent)-Luck: CEO Bonuses Under Relational and Formal Contracting," Discussion Papers 14-13, University of Copenhagen. Department of Economics.
    59. Ján Zábojník, 2014. "Subjective evaluations with performance feedback," RAND Journal of Economics, RAND Corporation, vol. 45(2), pages 341-369, June.
    60. Andrea Bafundi & Riccardo Camboni & Edoardo Grillo & Paola Valbonesi, 2023. "Public Procurement and the Risk of Severe Weather Events," "Marco Fanno" Working Papers 0303, Dipartimento di Scienze Economiche "Marco Fanno".
    61. Abeler, Johannes & Huffman, David B. & Raymond, Collin, 2023. "Incentive Complexity, Bounded Rationality and Effort Provision," IZA Discussion Papers 16284, Institute of Labor Economics (IZA).
    62. Kartal, Melis & Müller, Wieland & Tremewan, James, 2021. "Building trust: The costs and benefits of gradualism," Games and Economic Behavior, Elsevier, vol. 130(C), pages 258-275.
    63. Fahn, Matthias & Klein, Nicolas, 2018. "Relational Contracts with Private Information On the Future Value of the Relationship," Rationality and Competition Discussion Paper Series 106, CRC TRR 190 Rationality and Competition.
    64. Joseph E. Harrington, Jr. & Wei Zhao, 2012. "Signaling and Tacit Collusion in an Infinitely Repeated Prisoners' Dilemma," Economics Working Paper Archive 587, The Johns Hopkins University,Department of Economics.
    65. Fahn, Matthias & MacLeod, W. Bentley & Muehlheusser, Gerd, 2023. "Past and Future Developments in the Economics of Relational Contracts," IZA Discussion Papers 16427, Institute of Labor Economics (IZA).
    66. Feng Gao & Rong Zhong, 2023. "Information environment and interfirm alliance," Review of Quantitative Finance and Accounting, Springer, vol. 60(2), pages 643-677, February.
    67. Schmutzler, Armin & Holger, Herz & André, Volk, 2014. "Honesty and Relational Contracts," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100363, Verein für Socialpolitik / German Economic Association.
    68. Gerardi, Dino, 2018. "Dynamic Contracting with Limited Commitment and the Ratchet Effect," CEPR Discussion Papers 12699, C.E.P.R. Discussion Papers.
    69. Watson, Joel, 2021. "Theoretical Foundations of Relational Incentive Contracts," University of California at San Diego, Economics Working Paper Series qt19f9w2xf, Department of Economics, UC San Diego.
    70. Suehyun Kwon, 2016. "Relational contracts in a persistent environment," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 61(1), pages 183-205, January.

  16. Marina Halac & Sergio L. Schmukler, 2004. "Distributional Effects of Crises: The Financial Channel," Economía Journal, The Latin American and Caribbean Economic Association - LACEA, vol. 0(Fall 2004), pages 1-67, August.

    Cited by:

    1. Milan Nedeljkovic & Gonzalo Varela & Michele Savini Zangrandi, 2015. "Indonesia Current Account Assessment," World Bank Publications - Reports 22340, The World Bank Group.
    2. Claessens, Stijn, 2005. "Access to financial services: a review of the issues and public policy objectives," Policy Research Working Paper Series 3589, The World Bank.
    3. TCHANA TCHANA, Fulbert, 2007. "The Welfare Cost of Banking Regulation," MPRA Paper 7588, University Library of Munich, Germany.
    4. Cristina Arellano & Narayana Kocherlakota, 2008. "Internal Debt Crises and Sovereign Defaults," Levine's Bibliography 122247000000001880, UCLA Department of Economics.
    5. Javier Cravino & Andrei A. Levchenko, 2015. "The Distributional Consequences of Large Devaluations," Working Papers 648, Research Seminar in International Economics, University of Michigan.
    6. Claessens, Stijn & Perotti, Enrico, 2007. "Finance and inequality: Channels and evidence," Journal of Comparative Economics, Elsevier, vol. 35(4), pages 748-773, December.
    7. Fernando Broner, 2004. "Discrete Devaluations and Multiple Equilibria in a First Generation Model of Currency Crises," Working Papers 186, Barcelona School of Economics.
    8. Raquel Almeida Ramos, 2012. "Financial Flows and Exchange Rates: Challenges Faced by Developing Countries," Working Papers 97, International Policy Centre for Inclusive Growth.
    9. Facundo Alvaredo & Guillermo Cruces & Leonardo Gasparini, 2018. "A short episodic history of income distribution in Argentina," Post-Print hal-01784299, HAL.
    10. Sebastian Dullien & Barbara Fritz & Laurissa Mühlich, 2013. "Regional Monetary Cooperation: Lessons from the Euro Crisis for Developing Areas?," World Economic Review, World Economics Association, vol. 2013(2), pages 1-1, February.
    11. Gerard Caprio, Jr. and Patrick Honohan, 2008. "Banking Crises," The Institute for International Integration Studies Discussion Paper Series iiisdp242, IIIS.
    12. Cruces, Guillermo & Gluzmann, Pablo & Lopez-Calva, Luis Felipe, 2010. "Permanent Effects of Economic Crises on Household Welfare: Evidence and Projections from Argentina’s Downturns," MPRA Paper 42949, University Library of Munich, Germany.
    13. Lychakov, Nikita, 2019. "From financial crisis to revolution: Russia 1899-1905," MPRA Paper 95166, University Library of Munich, Germany.
    14. Manuel Funke & Moritz Schularick & Christoph Trebesch, 2015. "Going to Extremes: Politics after Financial Crises, 1870-2014," CESifo Working Paper Series 5553, CESifo.
    15. Gyongyosi, Gyozo & Verner, Emil, 2018. "Financial Crisis, Creditor-Debtor Conflict, and Political Extremism," VfS Annual Conference 2018 (Freiburg, Breisgau): Digital Economy 181587, Verein für Socialpolitik / German Economic Association.
    16. Research Group, Development, 2008. "Lessons from World Bank Research on Financial Crises," Policy Research Working Paper Series 4779, The World Bank.
    17. Gyöngyösi, Győző & Rariga, Judit & Verner, Emil, 2022. "The anatomy of consumption in a household foreign currency debt crisis," Working Paper Series 2733, European Central Bank.
    18. Arturo Martinez Jr. & Mark Western & Michele Haynes & Wojtek Tomaszewski, 2015. "How Income Segmentation Affects Income Mobility: Evidence from Panel Data in the Philippines," Asia and the Pacific Policy Studies, Wiley Blackwell, vol. 2(3), pages 590-608, September.
    19. Calderon, Cesar & Yeyati, Eduardo Levy, 2009. "Zooming in : from aggregate volatility to income distribution," Policy Research Working Paper Series 4895, The World Bank.
    20. Demirguc-Kunt, Asli & Serven, Luis, 2009. "Are all the sacred cows dead ? implications of the financial crisis for macro and financial policies," Policy Research Working Paper Series 4807, The World Bank.
    21. de la Torre, Augusto & Schmukler & Sergio L., 2004. "Coping with risk through mismatches : domestic and international financial contracts for emerging economies," Policy Research Working Paper Series 3212, The World Bank.
    22. Hsieh, Joyce & Chen, Ting-Cih & Lin, Shu-Chin, 2019. "Financial structure, bank competition and income inequality," The North American Journal of Economics and Finance, Elsevier, vol. 48(C), pages 450-466.
    23. Néstor Adrián Amado & Ana María Cerro & Osvaldo Meloni, 2005. "Making Explosive Cocktails: recipes and costs for 26 Crises from 1823 to 2003," Economic History 0510001, University Library of Munich, Germany.
    24. Michael Brei & Matthieu Charpe, 2012. "Currency Depreciations, Financial Transfers, and Firm Heterogeneity," Post-Print hal-01410550, HAL.
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