Brown, S., Garino, G., Martin, Christopher
We explore the impact of labour turnover on firm performance by analysing the predictions of an extension of the efficiency wage model of [Salop, S., (1979) 'A Model of the Natural Rate of...
Labour Turnover and Firm Performance (2008)
Brown, S., Garino, G., Martin, C.
We explore the impact of labour turnover on firm performance by analysing the predictions of an extension of the efficiency wage model of Salop (1979) developed by Garino and Martin (2007), which...
Debt and Risk Preference: A Household Level Analysis (2008)
Brown, S., Garino, G., Simmons, P., Taylor, K.
We explore the relationship between risk preference and the level of unsecured debt at the household level within the context of a two period theoretical framework, which predicts that debt is a...
Returns to Education and Risky Financial Investment (2006)
Brown, S., Garino, G., Taylor, K.
The aim of this paper is to explore the relationship between wages, human capital and investment in financial assets with risky returns at the individual level. To explore this relationship from an...
Costly State Verification with Varying Risk Preferences and Liability (2006)
In the scenario of loan contracts with costly state verification, we examine how the properties of the set of states, different risk preferences of debtors and varying liability of lenders affect the...
Measurement of the Electric and Magnetic Polarizabilities of the Proton (1995)
MacGibbon, B. E., Garino, G., Lucas, M. A., Nathan, A. M., Feldman, G., Dolbilkin, B.
The Compton scattering cross section on the proton has been measured at laboratory angles of 90$^\circ$ and 135$^\circ$ using tagged photons in the energy range 70--100 MeV and simultaneously using...
Pion absorption by 3He at the Δ-resonance energy (1991)
Mukhopadhyay, S., Levenson, S., Segel, R. E., Garino, G., Geesaman, D., Schiffer, J. P., ...
Pion absorption by 3He was studied at Tπ=165 MeV in a kinematically complete experiment. The cross section for absorption on a (pn) pair of nucleons, σpn(π+), was found to be 17.0±2.6 mb; that...
The form of loan contract with risk neutrality and no commitment
This paper considers the joint investment and labour contracts (employment and wage compensation) for a firm which has private information over its expost revenues. There is costly state observation...
Truth-telling and the Role of Limited Liability in Costly State Verification Loan Contracts
Recent literature has considered the form of loan contract between two or more risk neutral parties where the revelation principle is inappropriate due to the lack of commitment to an auditing policy...