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The Impact of Pharmaceutical Innovation on Longevity and Medical Expenditure in Sweden, 1997-2010: Evidence from Longitudinal, Disease-Level Data

Lichtenberg, Frank; Pettersson, Billie - CESifo - 2012

We use longitudinal, disease-level data to analyze the impact of pharmaceutical innovation on longevity and medical … expenditure in Sweden, where mean age at death increased by 1.88 years during the period 1997-2010. Pharmaceutical innovation is … the number of drugs to treat a disease, not the number of drug classes. Pharmaceutical innovation also reduced hospital …

Persistent link: https://www.econbiz.de/10010569681

Trading Places: Employers, Unions and the Manufacture of Voice

Bryson, Alex; Gomez, Rafael; Willman, P - Centre for Economic Performance, LSE - 2008

Using nationally representative workplace data for Britain we show that over the last quarter century union voice - especially union-only voice - has been associated with poorer climate, more industrial action, poorer financial performance and poorer labour productivity than nonunion voice and,...

Persistent link: https://www.econbiz.de/10005220075

Participation in Organisations: Economic Approaches

Cañibano, Almudena; Marsden, David - Centre for Economic Performance, LSE - 2009

Under the auspices of the debate about high performance work systems, it has been suggested that the evidence of positive results is disappointing and that one reason is that there has been a lack of theory. This paper argues that there is indeed a great deal of theory that could be used to...

Persistent link: https://www.econbiz.de/10005017018

Catching a Wave: the Adoption of Voice and High Commitment Workplace Practices in Britain: 1984-1998

Bryson, Alex; Gomez, Rafael; Kretschmer, Tobias - Centre for Economic Performance, LSE - 2005

In this paper we treat workplace voice and systems of high-commitment human resource management (HCHRM) as technological innovations in order to account for the uneven diffusion patterns observed across establishments. Using British data, the paper finds that variables highlighted in the...

Persistent link: https://www.econbiz.de/10005150973

Does High Involvement Management Improve Worker Wellbeing?

Bryson, Alex; Böckerman, Petri; Ilmakunnas, Pekka - Centre for Economic Performance, LSE - 2011

Employees exposed to high involvement management (HIM) practices have higher subjective wellbeing, fewer accidents but more short absence spells than "like" employees not exposed to HIM. These results are robust to extensive work, wage and sickness absence history controls. We present a model...

Persistent link: https://www.econbiz.de/10009369378

Delegation and Interim Performance Evaluation

Schütte, Miriam; Wichardt, Philipp Christoph - CESifo - 2013

This paper considers the effects of an interim performance evaluation on the decision of a principal to delegate authority to a potentially biased but better informed agent. Assuming the agents’ outside option to be determined by market beliefs about their type, interim evaluations (a) provide...

Persistent link: https://www.econbiz.de/10010639425

Gift Exchange in the Workplace: Money or Attention?

Dur, Robert - CESifo - 2008

We develop a model of manager-employee relationships where employees care more for their manager when they are more convinced that their manager cares for them. Managers can signal their altruistic feelings towards their employees in two ways: by offering a generous wage and by giving attention....

Persistent link: https://www.econbiz.de/10005181512

Social Exchange and Common Agency in Organizations

Dur, Robert; Roelfsema, Hein - CESifo - 2007

We study the relation between formal incentives and social exchange in organizations where employees work for several managers and reciprocate a manager’s attention with higher effort. To this end we develop a common agency model with two-sided moral hazard. We show that when effort is...

Persistent link: https://www.econbiz.de/10005406384

Top of the Class: The Importance of Ordinal Rank

Murphy, Richard; Weinhardt, Felix - CESifo - 2014

This paper examines the long-run impact of ordinal rank during primary school on productivity using comprehensive English administrative data. Identification is obtained from variation in test score distributions across cohorts and subjects, such that the same score relative to the class mean...

Persistent link: https://www.econbiz.de/10010779409

Incentives, Reputation and the Allocation of Authority

Englmaier, Florian; Filipi, Ales; Singh, Ravi - CESifo - 2010

We address the question how much authority a principal should delegate to a manager with conflicting interests and uncertain ability in a context in which the manager has both compensation-based and reputational incentives. The optimal level of authority balances the value of the manager's...

Persistent link: https://www.econbiz.de/10008583737