Showing 1 - 10 of 11
Persistent link: https://www.econbiz.de/10014382836
Using an extensive survey of Canadian physicians, the authors study how physician practice patterns are shaped by demographic characteristics, physician specialty, and government policy. They model the simultaneous determination of group size, primary source of professional income...
Persistent link: https://www.econbiz.de/10005466937
This study, using data from the Professional, Administrative, Technical, and Clerical Pay Survey and the Current Population Survey, examines how the assignment of responsibility within firms affected the structure of wages of U.S. engineers between 1961 and 1986. Patterns of wage dispersion in...
Persistent link: https://www.econbiz.de/10011138276
Using data from professional baseball, basketball, and hockey, we estimate the parameters of a sequential game model of best-of-n championship series controlling for measured and unmeasured differences in team strength and bootstrapping the maximum-likelihood estimates to improve their small...
Persistent link: https://www.econbiz.de/10005815784
The authors estimate an agency model using the payroll records of a copper mine that paid a production bonus to teams of workers. They estimate the cost of incomplete information due to insurance and incentives considerations and the inefficiency caused by the simple form of the incentive...
Persistent link: https://www.econbiz.de/10005312684
Many economic models are completed by finding a parameter vector θ that optimizes a function f(θ), a task that can only be accomplished by iterating from a starting vector θ<Subscript>0</Subscript>. Use of a generic iterative optimizer to carry out this task can waste enormous amounts of computation when applied to...</subscript>
Persistent link: https://www.econbiz.de/10005701787
Persistent link: https://www.econbiz.de/10005122177
This paper develops a model of promotions in partnerships and estimates the model using cross-sectional data on major U.S. law firms. Promotions to partner screen associates for firm-specific skills and they generate tournament incentives among associates competing for promotions. The key...
Persistent link: https://www.econbiz.de/10005271746
Using three cohorts of the National Graduates Survey, we study earnings five years after graduation from Canadian bachelor's programs. Evidence is found of significant university-specific effects on earnings. Changes in earnings and university characteristics across cohort are correlated....
Persistent link: https://www.econbiz.de/10010665504
This paper studies the self-sufficiency project (SSP), a controlled randomized experiment concerning welfare, by estimating a model of endogenous skill accumulation, multidimensional job opportunities, and time-varying opportunity costs of labour market time. Methods for estimating dynamic...
Persistent link: https://www.econbiz.de/10010600458