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Lending to the Borrower from Hell

Mauricio Drelichman and Hans-Joachim Voth

in Lending to the Borrower from Hell: Debt, Taxes, and Default in the Age of Philip II

Published in print:
2014
Published Online:
October 2017
ISBN:
9780691151496
eISBN:
9781400848430
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691151496.003.0006
Subject:
Economics and Finance, Economic History

This chapter focuses on repayment incentives. The question of why sovereign lending can exist can be divided into two broad approaches: sanctions and reputation. Papers in the reputation tradition ... More


Establishment and Governance of the Antebellum Bank

Howard Bodenhorn

in State Banking in Early America: A New Economic History

Published in print:
2002
Published Online:
November 2003
ISBN:
9780195147766
eISBN:
9780199832910
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0195147766.003.0002
Subject:
Economics and Finance, Economic History

Bank chartering in early America was high‐stakes politics. Legislators were asked to create corporations with governance structures and corporate hierarchies that would be accountable and ... More


Free Banking: The Populist Revolt Takes Root in New York

Howard Bodenhorn

in State Banking in Early America: A New Economic History

Published in print:
2002
Published Online:
November 2003
ISBN:
9780195147766
eISBN:
9780199832910
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0195147766.003.0008
Subject:
Economics and Finance, Economic History

Modern interpretations of free banking argue that lightly regulated banking systems are either unstable and undesirable, or that free competition in banking generates the same favorable outcomes as ... More


Researcher Incentives and Empirical Methods

EDWARD L. GLAESER

in The Foundations of Positive and Normative Economics: A Hand Book

Published in print:
2008
Published Online:
October 2011
ISBN:
9780195328318
eISBN:
9780199851768
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195328318.003.0013
Subject:
Economics and Finance, Economic History

The notion of incentives is a concept rarely undermined in the context of economics because this plays no small part in explaining behavior: the occurrences of a certain act or behavior would rise if ... More


Selling Power: Economics, Policy, and Electric Utilities Before 1940

John L. Neufeld

Published in print:
2016
Published Online:
May 2017
ISBN:
9780226399638
eISBN:
9780226399775
Item type:
book
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226399775.001.0001
Subject:
Economics and Finance, Economic History

Industrial policy frequently seeks to alter an industry’s structure to better align the incentives faced by individual decision makers with the needs and desires of the industry’s consumers. For most ... More


Does Employee Ignorance Undermine Shared Capitalism?

John W. Budd

in Shared Capitalism at Work: Employee Ownership, Profit and Gain Sharing, and Broad-Based Stock Options

Published in print:
2010
Published Online:
February 2013
ISBN:
9780226056951
eISBN:
9780226056968
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226056968.003.0010
Subject:
Economics and Finance, Economic History

This chapter discusses employer-provided shared capitalism and employee relationship. Employee ignorance might very well undermine shared capitalism, though this ignorance might stem from ineffective ... More


Conclusion and a Look Forward From 1940

John L. Neufeld

in Selling Power: Economics, Policy, and Electric Utilities Before 1940

Published in print:
2016
Published Online:
May 2017
ISBN:
9780226399638
eISBN:
9780226399775
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226399775.003.0010
Subject:
Economics and Finance, Economic History

In the 1970s, both privately and government-owned utilities undertook a massive and ill-fated investment in nuclear power, resulting in huge increases in electricity prices and a financial crisis for ... More


Did Longer Lives Buy Economic Growth? From Malthus to Lucas and Ben-Porath

David de la Croix

in Demographic Change and Long-Run Development

Published in print:
2017
Published Online:
May 2018
ISBN:
9780262036627
eISBN:
9780262341660
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262036627.003.0004
Subject:
Economics and Finance, Economic History

This chapter provides a detailed theoretical and empirical discussion of how increases in longevity can impact the formation of human capital by favoring the transmission of knowledge through longer ... More


The Economics of Electric Utilities

John L. Neufeld

in Selling Power: Economics, Policy, and Electric Utilities Before 1940

Published in print:
2016
Published Online:
May 2017
ISBN:
9780226399638
eISBN:
9780226399775
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226399775.003.0001
Subject:
Economics and Finance, Economic History

The development of the electric utility industry has been strongly affected by specific technological and economic characteristics of the generation and distribution of electricity. Characteristics ... More


Promotion, Incentives, and Wages

Toshiaki Tachibanaki and Tetsuya Maruyama

in Aging Issues in the United States and Japan

Published in print:
2001
Published Online:
February 2013
ISBN:
9780226620817
eISBN:
9780226620831
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226620831.003.0012
Subject:
Economics and Finance, Economic History

This chapter examines the relationships between promotion, effort incentive, and wages for white-collar workers in several large Japanese firms. The following results were obtained. First, employee ... More


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