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The Incentive for Working Hard : Explaining Hours Worked Differences in the U.S. and Germany

Bell, Linda A. - 2000

This paper seeks to explain the greater hours worked by Americans compared to Germans in terms of forward-looking labor supply responses to differences in earnings inequality between the countries. We argue that workers choose current hours of work to gain promotions and advance in the...

Persistent link: https://www.econbiz.de/10012470681

Why and Wherefore of Increased Scientific Collaboration

Freeman, Richard B. - 2014

This paper examines international and domestic collaborations using data from an original survey of corresponding authors and Web of Science data of articles that had at least one US coauthor in the fields of Particle and Field Physics, Nanoscience and Nanotechnology, and Biotechnology and...

Persistent link: https://www.econbiz.de/10012458845

Team Incentives and Lower Ability Workers : An Experimental Study on Real-Effort Tasks

Freeman, Richard B.; Pan, Xiaofei; Yang, Xiaolan; Ye, … - National Bureau of Economic Research - 2022

Team incentives are important in many compensation systems that pay workers according to the output of their team as … well as to their own output, with team bonuses often depending on whether the team meets or exceeds specified thresholds …. Yet little is known about how team members with different abilities respond to compensation rules and thresholds. We …

Persistent link: https://www.econbiz.de/10013388782

Federal Reserve Structure and the Production of Monetary Policy Ideas

Bordo, Michael D.; Prescott, Edward Simpson - National Bureau of Economic Research - 2023

We evaluate the decentralized structure of the Federal Reserve System as a mechanism for generating and processing new ideas on monetary policy over the 1960 - 2000 period. We document the introduction of monetarism, rational expectations, credibility, transparency, and other monetary policy...

Persistent link: https://www.econbiz.de/10014437046

The US Economic Model at Y2K : Lodestar for Advanced Capitalism?

Freeman, Richard B. - 2000

The 1990s economic performance of the US suggests that the country may have the right mix of institutions and policies to be the peak capitalist economy in the new information economy. This paper develops criterion for judging peak status and examines whether the US fulfills these criterion. The...

Persistent link: https://www.econbiz.de/10012470993

What If Alexander Hamilton Had Been Argentinean? A Comparison of the Early Monetary Experiences of Argentina and the United States

Bordo, Michael D. - 1998

The contrast between the early nineteenth century Argentinean experience of high inflation and the American experience of low inflation is interpreted in terms of a dynamic monetary model of optimal taxation. It is argued that the two countries' experiences diverged because of the different...

Persistent link: https://www.econbiz.de/10012471950

A Comparison of the United States and Canadian Banking Systems in the Twentieth Century : Stability vs. Efficiency?

Bordo, Michael D. - 1993

This paper asks whether the vaunted comparative stability of the Canadian banking system has been purchased at the cost of creating an oligopoly. We assembled a data set that compares bank failures, lending rates, interest paid on deposits and related variables over the period 1920 to 1980. Our...

Persistent link: https://www.econbiz.de/10012474396

Going Different Ways : Unionism in the U.S. and Other Advanced O.E.C.D. Countries

Blanchflower, David G. - 1990

In this paper we compare the changing pattern of unionization in OECD countries, review existing evidence, and present new information on cross-country differences in union-nonunion differentials in labor market outcomes, largely from the micro data files of the International Social Survey...

Persistent link: https://www.econbiz.de/10012475693

The Internationalization of the U.S. Labor Market

Abowd, John M. - 1990

During the 1970s and 1980s immigration, trade, and foreign investment became increasingly important in the U.S. labor market. The number of legal and illegal immigrants to the country increased, altering the size and composition of the work force and substantially raising the immigrant share of...

Persistent link: https://www.econbiz.de/10012475714

The Contribution of a Monetary History of the United States : 1867 to 1960 To Monetary History

Bordo, Michael D. - 1988

This paper assesses the role of Friedman and Schwartz's "A Monetary History of the United Slates: 1867 to 1960" as a progenitor of research in monetary history. The paper critically surveys the literature on three major themes in the book: monetary disturbances; the domestic monetary framework...

Persistent link: https://www.econbiz.de/10012476518