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- 18 Sep 2006
- Research & Ideas
When Words Get in the Way: The Failure of Fiscal Language
work and save, and the amount of direct government consumption. But each of these policies can be measured with no recourse to ill-defined terms, such as 'taxes,' 'transfer payments,' and 'deficits.'" Developed by Kotlikoff (in... View Details
Keywords: by Julia Hanna
- 02 Sep 2010
- What Do You Think?
How Transparent Should Boards Be?
Gogula put it, "While protecting the short term interests of shareholders and avoiding a depression of stock prices may be a tempting recourse for a Board member to take, long-term shareholder interest is what the Board needs to take... View Details
Keywords: by Jim Heskett
- 25 Apr 2014
- Research & Ideas
To Pay or Not to Pay: Argentina and the International Debt Market
ability to enforce the terms of foreign loans often led to pitched political battles of will with the implicit threat of war as the only recourse for creditors. Between the end of World War II and the 1970's there was little foreign... View Details
Keywords: by Laura Alfaro
- 29 Oct 2014
- Research & Ideas
Inventing Products is Less Valuable Than Inventing Ideas
own pitfalls, since it leaves companies little recourse in the event that someone else steals their idea. But there are things they can do to protect their idea while still keeping it secret, says Ahuja—for example, dispersing research... View Details
- 04 Dec 2013
- Research & Ideas
The Fantastic Horizon: How to Invest in a New City
tenant entities that supplement the dispute recourse that might be available in courts. This made the projects safe for the extensive amounts of third party capital that came in to build port facilities, factories, processing machinery,... View Details
- 29 Jan 2008
- First Look
First Look: January 29, 2008
reducing social costs requires the intervention of a centralized institution. Surprisingly little work has considered what happens in between—when transaction costs exist but recourse to hierarchical institution is barred. This paper uses... View Details
Keywords: Martha Lagace
- 17 Mar 2009
- First Look
First Look: March 17, 2009
recourse to funds-of-funds. We use asset allocation concepts to estimate characteristics of the funds-of-funds benchmark distribution. Since the benchmark characteristics are reasonable, we conclude that funds-of-funds, on average,... View Details
Keywords: Martha Lagace
- 19 May 2009
- First Look
First Look: May 19, 2009
parties and then decide whether to attempt to raise new capital, declare bankruptcy, or try to lead a controlled wind-down. The case explores crisis management, decisions by principals operating in the zone of insolvency, construction contract types, the limits of... View Details
Keywords: Martha Lagace