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...
-д хадгалсан:
-д хэвлэсэн: | MAGKS - Joint Discussion Paper Series in Economics (Band 17-2011) |
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Үндсэн зохиолч: | |
Формат: | Arbeit |
Хэл сонгох: | англи |
Хэвлэсэн: |
Philipps-Universität Marburg
2011
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Нөхцлүүд: | |
Онлайн хандалт: | PDF-н бүрэн текст |
Шошгууд: |
Шошго байхгүй, Энэхүү баримтыг шошголох эхний хүн болох!
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MAGKS - Joint Discussion Paper Series in Economics