M Manove, AJ Padilla… - RAND Journal of Economics, 2001 - JSTOR
Many economists argue that the primary economic function of banks is to provide cheap
credit, and to facilitate this function, they advocate the strict protection of creditor rights. But
banks can serve another important economic function: by screening projects they can ...
M Manove… - The RAND Journal of Economics, 1999 - JSTOR
Commercial banks frequently encounter optimistic entrepreneurs whose perceptions are
biased by wishful thinking. Bankers are left with a difficult screening problem: separating
realistic entrepreneurs from optimists who may be clever, knowledgeable, and completely ...
M Manove - The Quarterly Journal of Economics, 1989 - qje.oxfordjournals.org
Abstract Insider traders and other speculators with private information are able to
appropriate some part of the returns to corporate investments made at the expense of other
shareholders. As a result, insider trading tends to discourage corporate investment and ...
CA Ma… - Econometrica: Journal of the Econometric Society, 1993 - JSTOR
Anecdotal and experimental evidence suggests that bargaining sessions subject to
deadlines often begin with cheap talk and rejected proposals. Agreements, if they are
reached at all, tend to be concluded near the deadline. We attempt to capture and explain ...
K Lang… - 2006 - nber.org
We propose a model that combines statistical discrimination and educational sorting that
explains why blacks get more education than do whites of similar cognitive ability. Our
model explains the difference between blacks and whites in the relations between ...
K Lang, M Manove… - The American economic review, 2005 - JSTOR
Economic theory suggests that wage discrimination against groups of workers is unlikely to
persist in a competitive economy, because, in the presence of such discrimination, profits
can be made by hiring members of the discriminated-against groups. Consequently, in ...
M Manove… - 1995 - bu.edu
Abstract: Unrealistic optimism in business can lead to a misallocation of resources and a
reduction in welfare. But unrealistic optimism can also stimulate saving and investment and
provide added incentives for hard work. In this paper, I explore the interaction of these two ...
M Manove - The American Economic Review, 1971 - JSTOR
Each year, planning agencies in the Soviet Union construct an annual economic plan for the
calendar year that follows. The annual plan is an important element in the Soviet schema for
achieving long-term economic growth. Goals of less detailed long-range plans must be ...
M Manove - Econometrica: Journal of the Econometric Society, 1973 - JSTOR
How should rule-of-thumb priorities be assigned for the rationing of intermediate goods in an
economy marked by shortages and non-scarcity prices? A method is developed for setting
these priorities in an optimal way, and the method is applied to Soviet data as an ...
M Manove - The Economic Journal, 1997 - JSTOR
How are pay and promotion prospects related to job responsibility? A job entails
responsibility to the extent that the value of the job outcome is sensitive to the worker's input
of effort. In my model, an employer uses termination contracts to elicit effort from workers. ...
M Manove - The Bell Journal of Economics, 1983 - JSTOR
Provider insurance is insurance offered by the provider of a product or service against
losses or damages incurred in connection with the use of that product or service. It is
demonstrated that a rate-setting agency, with no information about consumers, can design ...
K Lang, M Manove… - 1999 - cemfi.es
Abstract: We offer an explanation of racial discrimination in labor markets in which wage
rates are posted along with job openings. If an employer with a job vacancy and a posted
wage receives a pool of qualified applicants without observable differences in productivity, ...
[CITATION] Tied rents and wage determination in labor abundant countries
M Manove, GF Ppanek… - Boston, Boston University, inédito, 1987
K Lang… - Annales d'Economie et de Statistique, 2003 - JSTOR
We present models of labor-market discrimination in which identical employers choose
among job applicants according to a continuous characteristic such as skin color or worker
height. The characteristic in question is assumed to be unrelated to worker productivity. ...
M Manove… - Journal of Comparative Economics, 1978 - Elsevier
Abstract In an input-output system, let final demands and gross outputs be iteratively
balanced by successive approximations. The speed of convergence will depend, among
other things, on the initial choice of gross outputs. Suppose that, using some aggregation ...
[CITATION] Overoptimistic entrepreneurs
M Manove - Unpublished manuscript (Boston University, Boston, …, 1988
[CITATION] Consumer Behavior and Preference Formation
M Manove - 1973 - Center for Operations Research & …
M Manove - The Review of Economic Studies, 1976 - JSTOR
It is an article of faith in Western economic thought that the only useful prices are scarcity
prices, that is, marginal-cost prices which equate supply and demand. This idea receives its
most vigorous support when the pricing of inputs is to be used as a means of bringing ...
G Llobet… - 2004 - eco.uc3m.es
Abstract: It is commonly argued that when innovation is sequential, and the product has
network externalities, incumbents build a large network that inefficiently blocks the entry of
future incompatible innovators. This paper shows that when intellectual property rights ...
M Manove - unpublished doctoral dissertation, MIT, 1970 - en.scientificcommons.org
Publikationsansicht. 4621430. A model of administrative planning and plan execution in
Soviet-type economies. (1970). Manove, Michael. Abstract. Vita.. Massachusetts Institute of
Technology. Dept. of Economics. Thesis. 1970. Ph. D.. Bibliography: leaves 264-266. ...
ER Berndt, M Manove… - 1981 - dspace.mit.edu
The Mellon Institute's Energy Productivity Center (EPC) has recently completed a study
asking the question," How would the nation have provided energy services in 1978 if its
capital stock had een reconfigured to be optimal for actual 1978 energy prices?" Interest in ...
M Manove - The American Economic Review, 1972 - JSTOR
Secondly, he argues that given the existence of capacity limitations, the" retrospective
iteration is likely either to generate gross outputs in excess of these limits or to generate an
inferior bill of final demands in the course of the plan execution." Both of Montias's points ...
[CITATION] Model of Administrative Economic Planning and Plan Execution in Soviet-type Economies
M Manove - 1970 - Massachusetts Institute of …
[CITATION] UNPUBLISHED RESEARCH MEMORANDA
D Croylaan, M Manove… - … journal of the …, 1974 - Econometrics Society, the University …
[CITATION] Economic Diversity and Adaptation to Climate Change in Developing Countries: A Methodological Study
N Kulatilaka… - 1992 - Boston University, School of …
[CITATION] On Decentralized Pricing, Monopoly Power and Inflation in Socialist Economic Systems
M Manove - … economic systems: proceedings of the 3. …, 1979 - Vandenhoeck und Ruprecht
M Manove… - 1998 - cepr.org
In the course of ordinary business, commercial banks frequently encounter entrepreneurs
seeking loans for the purpose of financing new or continuing projects. These entrepreneurs
are frequently unrealistic, their perception having been biased by wishful thinking. ...
M Manove… - Working Papers, 1979 - econpapers.repec.org
By Michael Manove and Janusz A. Ordover; I Waive My Right To Read This
Recommendation: A Theoretical Analysis of the Buckley Amendment. ... Analysis of
the Buckley Amendment. Michael Manove () and Janusz A. Ordover. ...
MMAJ Padilla… - 1999 - cepr.org.uk
Abstract: Many economists argue that the primary economic function of banks is to provide
cheap credit, and to facilitate this function, they advocate the strict protection and
enforcement of creditor rights. But banks can serve another important economic function: ...
M Manove, AJ Padilla… - 2000 - temporaryaddress.cepr.org
Many economists argue that the primary economic function of banks is to provide cheap
credit, and to facilitate this function, they advocate the strict protection and enforcement of
creditor rights. But banks can serve another important economic function: through project ...
[CITATION] Racial Discrimination in Labor Markets with Posted Wage O¤ ers
K Lang, M Manove… - 2001
M Manove… - 2004 Meeting Papers, 2004 - ideas.repec.org
It is commonly argued that when innovation is sequential, and the product has network
externalities, incumbents build a large network that inefficiently blocks the entry of future
incompatible innovators. This paper shows that when intellectual property rights permit ...
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