Showing 1 - 10 of 23
We present evidence from a firm level experiment in which we engineered an exogenous change in managerial compensation from fixed wages to performance pay based on the average productivity of lower-tier workers. Theory suggests that managerial incentives affect both the mean and dispersion of...
Persistent link: https://www.econbiz.de/10005788932
innovation activities. The selection of high-skill managers is more important for innovation activities. As the economy … approaches the technology frontier, selection becomes more important. As a result, countries at early stages of development … investments, but little selection. Closer to the world technology frontier, there is a switch to an innovation-based strategy with …
Persistent link: https://www.econbiz.de/10005789082
Although there are exceptions, most European universities and institutions of higher education find it difficult to compete with the best universities in the Anglo-Saxon world. Despite the Bologna agreement and the ambitions of the Lisbon agenda, European universities are in need of fundamental...
Persistent link: https://www.econbiz.de/10005067399
from worker self-selection may not be matched by a corresponding social gain. In particular, the equilibrium incentive to …
Persistent link: https://www.econbiz.de/10005123693
simple model we show that the power of elections as a selection and incentive device can be improved by requiring higher vote …
Persistent link: https://www.econbiz.de/10005025512
between them. The model can replicate stylised facts about sorting, agglomeration, and selection in cities. It can also …
Persistent link: https://www.econbiz.de/10008554236
The aim of this paper is to investigate whether return migrants are more likely to become entrepreneurs than non-migrants. We develop a theoretical search model that puts forward the trade off faced by returnees since overseas migration provides an opportunity for human and physical capital...
Persistent link: https://www.econbiz.de/10008558595
The tracking of pupils by ability into elite and non-elite schools represents a common, but highly controversial policy in many countries. In particular, there is no consensus on how large the elite track should be and, consequently, little agreement on the potential effects of any further...
Persistent link: https://www.econbiz.de/10008607511
-product-destination data. By taking firm-product level selection into account we show that export unit values increase with distance even for … particular firm-product combinations. This cannot be explained by models assuming firm- or even firm-product level selection and …
Persistent link: https://www.econbiz.de/10008530371
We study the design of randomized controlled experiments in environments where outcomes are significantly affected by unobserved effort decisions taken by the subjects (agents). While standard randomized controlled trials (RCTs) are internally consistent, the unobservability of effort provision...
Persistent link: https://www.econbiz.de/10008642870