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Private Compensation and Organizational Design

Qing Liu, Lucy White , Andrea Buffa   Sep 15,2021

Most of the literature on organizational design and incentives assumes public contracting. Yet most real world compensation contracts are private... Read More

Collateral Booms and Information Depletion

Luc Laeven,Alberto Martin, Vladimir Asriyan   Nov 05,201919

We develop a new theory of information production during credit booms. Entrepreneurs need credit to undertake investment projects, some of... Read More

Published: Review of Economic Studies, 2021, (), -