Incentives and the Delegation of Decision Making Power in Sovereign Wealth Funds
The paper models the incentives of a politician to delegate the decision making power in a sovereign wealth fund to an independent external manager. It formalizes the learning-effects as well as the increase of transparency of the SWF and the rise of investment possibilities associated with higher t...
שמור ב:
| הוצא לאור ב: | MAGKS - Joint Discussion Paper Series in Economics (Band 17-2011) |
|---|---|
| מחבר ראשי: | |
| פורמט: | Arbeit |
| שפה: | אנגלית |
| יצא לאור: |
Philipps-Universität Marburg
2011
|
| נושאים: | |
| גישה מקוונת: | PDF-Volltext |
| תגים: |
אין תגיות, היה/י הראשונ/ה לתייג את הרשומה!
|
MAGKS - Joint Discussion Paper Series in Economics