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agreements and technical efficiency, using a large sample of Italian manufacturing firms. We apply the Data Envelopment Analysis …, and its robust version based on bootstrap theory, to get reliable estimates of technical efficiency at the firm level in a … frontiers, as well as to the presence of outliers.The obtained efficiency scores are analyzed in a second stage applying a …
Persistent link: https://www.econbiz.de/10012980313
We examine the educational production function and efficiency of public school districts in Illinois. Using … related) differs substantially from our efficiency scores, and standard parametric approaches drastically underestimate school … efficiency. We discuss the policy implications of our results …
Persistent link: https://www.econbiz.de/10012985685
This paper studies whether skilled migrants contribute to the host country's 'productive efficiency' (Farrell, 1957 … find that skilled migrants contribute positively to a country's productive efficiency with the exception of the finance …
Persistent link: https://www.econbiz.de/10013050617
. We illustrate our methodology by examining the cost efficiency of research programs in Economics and Business Management … cost efficiency differences between universities within specific specialization areas, even when using shadow prices to …
Persistent link: https://www.econbiz.de/10012779393
This paper demonstrates how quality of life can be measured by plain text in a representative survey, the German Socio Economic Panel Study (SOEP). Furthermore, the paper shows that problems that are difficult to monitor, especially problems like the state of the European Union, long-term...
Persistent link: https://www.econbiz.de/10012963850
Online labor markets provide new opportunities for behavioral research, but conducting economic experiments online raises important methodological challenges. This particularly holds for interactive designs. In this paper, we provide a methodological discussion of the similarities and...
Persistent link: https://www.econbiz.de/10012963854
In order to formalize the act of agreement between two individuals, the concept of consensus functional equation, for a bi-variate map defined on an abstract choice set, is introduced. Then, and in a purely choice-theoretical framework, we relate the solutions of this equation to the notion of a...
Persistent link: https://www.econbiz.de/10013112791
Many countries consider rising fertility through pro-family policies as a solution to the fiscal pressure stemming from longevity. However, an increased number of births implies immediate private costs and only delayed public benefits of younger and larger population. We propose using an...
Persistent link: https://www.econbiz.de/10012870210
In this survey, we review the quantitative macroeconomic literature analyzing consumer debt and default. We start by providing an overview of consumer bankruptcy law in the US and document the relevant institutional changes over time. We proceed with a comprehensive empirical section, describing...
Persistent link: https://www.econbiz.de/10012841017
We analyze the consumption and wealth inequality in an OLG model with mandatory pension systems. Our framework features within cohort heterogeneity of endowments and heterogeneity of preferences. We allow for population aging and gradual decline in TFP growth. We show four main results. First,...
Persistent link: https://www.econbiz.de/10012915325