This paper explains involuntary unemployment in terms of the response of firms to workers ' group behavior. Workers ' effort depends upon the norms determining a fair day's work. In order to affect those norms, firms may pay more than the market-clearing wage. Industries that pay

This paper examines the impact of bank characteristics on loan pricing and maturity. Controlling for borrower characteristics and other loan contract features, we find that bank monitoring ability, bargaining power, risk and syndicate structure significantly affect the setting of loan maturity

We study the effects of the Troubled Asset Relief Program (TARP) on loan contract terms to businesses borrowing from recipient banks. Using a difference-in-difference analysis, we find that TARP led to more favorable terms to these borrowers in all five contract terms studied – loan amounts

for this pattern is that individuals often find ways of altering the terms of their formal and informal contracts to avoid the adverse effects of contracting institutions, but are unable to do so against the risk of expropriation.

Many coal resource owners also own the overlying land surface; such owners negotiate contracts with mining firms as a way to generate revenue. Here, we suggest contracting terms that can be offered when the resource

Public reporting burden for this collection of information is estimated to average 1 hoar per response, including the time for reviewing instruction, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. Send comments regarding this burden estimate or any other aspect ofthis

Abstract not found

Pursuant to State Finance Law §§139-j and 139-k, the NYS Department of Health identifies the following designated contact to which all communications attempting to influence this procurement must be made:

Abstract not found

Contacts Pursuant to State Finance Law § 139-j and 139-k