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Resultats globals: 7 registres trobats en 0.02 segons.
Documents de recerca, 7 registres trobats
Documents de recerca 7 registres trobats  
1.
36 p, 358.9 KB Uncertainty, electoral Incentives and political myopia / Bonfiglioli, Alessandra ; Gancia, Gino ; Universitat Autònoma de Barcelona. Unitat de Fonaments de l'Anàlisi Econòmica ; Institut d'Anàlisi Econòmica
In this paper, we study the determinants of political myopia in a rational model of electoral accountability where the key elements are informational frictions and uncertainty. We build a framework where political ability is ex-ante unknown and policy choices are not perfectly observable. [...]
2012 (Working papers ; 915.12)  
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2.
34 p, 233.9 KB Growth, selection and appropriate contracts / Bonfiglioli, Alessandra ; Gancia, Gino ; Universitat Autònoma de Barcelona. Unitat de Fonaments de l'Anàlisi Econòmica ; Institut d'Anàlisi Econòmica
We study a dynamic model where growth requires both long-term investment and the selection of talented managers. When ability is not ex-ante observable and contracts are incomplete, managerial selection imposes a cost, as managers facing the risk of being replaced tend to choose a sub-optimally low level of long-term investment. [...]
2011 (Working papers ; 876.11)  
Registre complet - Creative Commons
3.
38 p, 308.7 KB The Political cost of reforms / Bonfiglioli, Alessandra ; Gancia, Gino ; Universitat Autònoma de Barcelona. Unitat de Fonaments de l'Anàlisi Econòmica ; Institut d'Anàlisi Econòmica
This paper formalizes in a fully-rational model the popular idea that politicians perceive an electoral cost in adopting costly reforms with future benefits and reconciles it with the evidence that reformist governments are not punished by voters. [...]
2011 (Working papers ; 847.10)  
Registre complet - Creative Commons
4.
38 p, 692.5 KB Investor protection and income inequality : risk sharing vs risk taking / Bonfiglioli, Alessandra ; Universitat Autònoma de Barcelona. Unitat de Fonaments de l'Anàlisi Econòmica ; Institut d'Anàlisi Econòmica
This paper studies the relationship between investor protection, entrepreneurial risk taking and income inequality. In the presence of market frictions, better protection makes investors more willing to take on entrepreneurial risk when lending to firms, thereby improving the degree of risk sharing between financiers and entrepreneurs. [...]
2010 (Working papers ; 827.10)  
Registre complet - Creative Commons
5.
42 p, 417.4 KB North-South trade and directed technical change / Bonfiglioli, Alessandra ; Gancia, Gino ; Universitat Autònoma de Barcelona. Unitat de Fonaments de l'Anàlisi Econòmica ; Institut d'Anàlisi Econòmica
In a world where poor countries provide weak protection for intellectual property rights (IPRs), market integration shifts technical change in favor of rich nations. Through this channel, free trade may amplify international income differences. [...]
2007 (Working papers ; 713.07)  
Registre complet - Creative Commons
6.
48 p, 336.7 KB Investor protection, risk sharing and inequality / Bonfiglioli, Alessandra ; Universitat Autònoma de Barcelona. Unitat de Fonaments de l'Anàlisi Econòmica ; Institut d'Anàlisi Econòmica
This paper studies the relationship between investor protection, financial risk sharing and income inequality. In the presence of market frictions, better protection makes investors more willing to take on entrepreneurial risk while lending to firms. [...]
2007 (Working papers ; 679.07)  
Registre complet - Creative Commons
7.
41 p, 281.0 KB Financial integration, productivity and capital accumulation / Bonfiglioli, Alessandra ; Universitat Autònoma de Barcelona. Unitat de Fonaments de l'Anàlisi Econòmica ; Institut d'Anàlisi Econòmica
Understanding the mechanism through which financial globalization affects economic performance is crucial for evaluating the costs and benefits of opening financial markets. This paper is a first attempt at disentangling the effects of financial integration on the two main determinants of economic performance: productivity (TFP) and investments. [...]
2007 (Working papers ; 680.07)  
Registre complet - Creative Commons

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