This survey of the theoretical and empirical literature on alternative policies to promote new fiber-based communications infrastructures addresses (i) various kinds of ex ante sector-specific regulations, (ii)…
Economic theory suggests that performance pay may serve as an effective screening device to attract productive agents. The existing evidence on the self-selection of agents is largely limited to job tasks where…
The recent financial and sovereign debt crises around the world have sparked a growing literature on models and empirical estimates of defaultable debt. Frequently households and firms come under default threat,…
