I have read and accept the Wiley Online Library Terms and Conditions of Use Professor of Information Sciences. JUNGHO LEE EMPLOYMENT Assistant Professor, School of Economics, Singapore Management University, July 2015 - Present EDUCATION Ph.D., Economics, Washington University in St. Louis 2015 M.A., Economics, Seoul National University 2009 B.A., Economics, Kyung Hee …

Jungho Lee, Shang-Jin Wei and Jianhuan Xu Singapore Management University - School of Economics, Columbia Business School - Finance and Economics and Singapore Management University Downloads 3 … Jungho Lee     CV(pdf) FIELDS Primary: Labor Economics, Industrial Organization, Entrepreneurship Secondary: Applied Econometrics, Organizational Economics, Macroeconomics DOCTORAL STUDIES Washington University in St. Louis Ph.D., Economics… Jungho Lee, Washington University in St. Louis Follow. Larry . Jungho Lee.

and you may need to create a new Wiley Online Library account.Enter your email address below and we will send you your usernameIf the address matches an existing account you will receive an email with instructions to retrieve your username When does limited commitment matter in a production economy?.

S. Lee, Y. Choi, S. Lee and J. Lewe, Review on a Mono-hydrazine Thruster Research and Development, Journal of Korean Society of Propulsion Engineers, 3(1), 1999, pp. For partners in the first quartile of the wealth distribution, however, financing accounts for 93% of the gain.

The cost of moral hazard corresponds to 42% of the entire gain from partnerships.

Singapore Management University - School of EconomicsLimited Commitment, Enforcement Constraints, First Best Allocation, Production EconomyThis is a National Bureau of Economic Research Paper.

I estimate a matching model of business‐partnership formation to quantify the relative importance of productivity gains, financing gains, and the coordination failure of effort provision (moral hazard) among partners. Professor Lee's research and publications are in the areas of microeconometrics and theoretical econometrics.

E-mail address: jungholee@smu.edu.sg. Author's Department.

School of Economics…

Spring 5-15-2015. Associate Professor Pao-Li CHANG (Chair/Supervisor), SOE, SMU Assistant Professor Jungho LEE, SOE, SMU Assistant Professor Yuan MEI, SOE, SMU Assistant Professor of Economics Bingjing LI - National University of Singapore

Citation. Doctor of Philosophy (PhD) Degree Type.

Marcus . Economics. Berliant.

Chapter 1: Why Form Business Partnerships?

$5.00 for this paper.If you wish to purchase the right to make copies of this paper for distribution to others, please select the quantity.We use cookies to help provide and enhance our service and tailor content.If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.

Graduate School of Arts and Sciences.

1-34. University of Calgary - Haskayne School of Business and Singapore Management University - School of Economics Research Collection School Of Economics. Francisco (Paco) Buera.

Professor Emeritus. Joseph Gibson Hoyt Distinguished Professor in Arts & Sciences. I am also very grateful to Tat Chan, George‐Levi Gayle, and Carl Sanders for their help and feedback on this project.

This article is based on the first chapter of my PhD dissertation at Washington University in St. Louis, and was circulated under the title “Why Form Business Partnerships.” I am greatly indebted to Barton H. Hamilton for his guidance and advice. Abstract.

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Productivity gains account for 61% of the gain from the observed partnerships. If you do not receive an email within 10 minutes, your email address may not be registered, Director of Graduate Studies in Economics.

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Boldrin. A loan policy specifically targeting partnerships is less effective in improving welfare than a conventional loan policy that provides loans to individual entrepreneurs.Please note: The publisher is not responsible for the content or functionality of any supporting information supplied by the authors.