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...

In this article I test empirically whether intratemporal preferences between (1) nondurables and labour supply and (2) nondurables and housing are separable. In doing so, careful attention is paid to the potential endogeneity of the total budget, labour supply and housing. For housing I offer...

This paper investigates the effects of being evaluated under a novel subjective assessment system where independent inspectors visit schools at short notice, disclose their findings, and sanction schools rated fail. I demonstrate that a fail inspection rating leads to test score gains for...

Developing countries in Asia mostly rely on FDI to acquire capital funds and advance techniques of production and business management. After adopting the liberalization policies in 1990’s, the inflow of FDI in Pakistan has increased many folds and likewise the export is also growing...

Ofsted inspections of schools have been a central feature of state education in England for nearly 20 years. Research by Iftikhar Hussain explores the validity of the school ratings that Ofsted produces, the impact of a fail rating on subsequent pupil performance and the extent to which teachers...

Analysis of higher education quality has become a central issue in light of UK government policies to introduce variable fees and to encourage more and more young people to attend university. In this context, an important question is whether institutional quality is reflected in labour market...

Knowledge management success is a hot issue in SMEs. It is obvious that several important factors must be considered for successful implementation, but most small and medium firms have no idea what factors should be considered most heavily. Therefore, the purpose of this study is to expand the...