In contexts such as education and sports, skill-accumulation of individuals over time crucially depends on the amount … of training they receive, which is often allocated on the basis of repeated selection. We analyze optimal selection … policies in a model of endogenous skill formation where, apart from their ability to transform training into skills …

' behavior and firms' incentives to upgrade product quality in markets where information is traditionally limited. I first build … a model of consumer search with firms' endogenous quality decisions. In this model, lower search costs reallocate demand … toward higher-quality producers, raising firms' incentives to upgrade quality, and more so for firms selling ex-ante lower-quality …

the importance of representative consumer taste relative to quality and marginal cost in export success. We find …

, Dominican Republic, Ecuador, and Peru. Categories of quality determinants include training and curriculum, infrastructure …Short-cycle higher education programs (SCPs) can play a central role in skill development and higher education … expansion, yet their quality varies greatly within and among countries. In this paper we explore the relationship between …

Short-cycle higher education programs (SCPs), lasting two or three years, capture about a quarter of higher education … contributions are strongly correlated with program outcomes but not with other commonly used quality measures. Programs contribute …

increased their exit from existing markets. These effects were less pronounced for exports to high-income destinations and high-quality … effect was stronger for high-income destination exports. Further analysis underscores the role of quality upgrading in …

exports. The paper modifies Arkolakis's (2010) model of trade with heterogeneous firms by introducing endogenous quality and … choice of lower-quality products dominates the price distortion effect resulting from credit constraints. However, a … competing theory based on the alternative assumption that quality is exogenous across firms would predict completely opposite …

Economists have emphasized the role of dissipative advertising and price as signals of quality. Most works, however …, limit the number of types to two options: high and low quality. Yet, production costs and quality both result from R … quality and marginal cost are both subject to chance. In a static framework (no repeat purchases and no informed consumers …

We investigate the effect of competition on quality in regulated markets (e.g., health care, higher education, public … the open-loop solution (providers choose the optimal quality investment plan based on demand at the initial period) and … the feedback closed-loop solution (providers observe demand in each period and choose quality in response to current …