From April 2020 to December 2021, the Canadian federal government earmarked $330,000,000 through Emergency Food Security Fund address food insecurity during COVID-19 global pandemic. These funds were disbursed a handful of national and regional emergency justice agencies smaller front-line organizations for purchase provisions personal protective equipment, hire additional workers. We theorize ...

This paper analyzes whether it might be desir~ble for a firm to hire an overoptimistic manager to commit to a certain R&D strategy. I consider a Cournot model with an ex-ante R&D stage where firms can invest in cost reduction before product market competition takes place. I show that firms want to hire overoptimistic managers and argue that a manager's type may serve as a substitute for strateg...

The business people have not been exposed to all of this legal terminology. You tell them 'mentally ill' and their word, and I'm going to say it in Spanish, is 'loco', crazy. 'We don't hire a loco. We don't hire a crazy person.' Any kind-it doesn't matter if it is a manic-depressive-the word there is loco. 'We've got a loco crazy working with us.' It is sad but that is the way it is.

Equipment used in the construction domain is often hired in order to reduce cost and maintenance overhead. The cost of hire is dependent on the time period involved and does not take into account the actual use equipment has received. This paper presents our initial investigation into how physical objects augmented with sensing and communication technologies can measure use in order to enable n...

In the context of a standard equilibrium matching framework, this paper considers how a duration dependent unemployment insurance (UI) system affects the dynamics of unemployment and wages in an economy subject to stochastic job-destruction shocks. It establishes that re-entitlement e¤ects induced by a …nite duration UI program generate intertemporal transfers from …rms that hire in future boom...

I develop and estimate a model of expertise that weighs the tradeoffs of delegating loan decisions to loan officers. While loan officers can screen soft information, their preferences may distort decisions away from the lender’s objective. The model features rich heterogeneity (e.g. risk aversion, willingness to exert effort, and overconfidence) and addresses possible endogeneity with a natural...

A prominent theory of wage rigidity claims that a social norm against underbidding may prevent wages from falling to market clearing levels. This social norm may therefore cause downwardly rigid wages and involuntary unemployment. Recently performed questionnaire studies have thrown doubt on the conjecture that there is a social norm against underbidding. In this paper we experimentally show th...