In this paper we investigate the causal effect of life expectancy on economic growth by explicitly accounting for the role of the demographic transition. In addition to focusing on issues of empirical identification, this paper emphasizes the role of the econometric specification. We present a...

Incentive schemes affect performance and priorities of agents but, in reality, they can be complicated even for simple tasks. We analyze the effects of the salience of incentives in a team production setting where the principal has an interest in quantity and quality of output. We use data from...

This paper studies the performance of promotion tournaments with heterogeneous participants in two dimensions: incentive provision and selection. Our theoretical analysis reveals a trade-off for the tournament designer between the two goals: While total effort is maximized if less heterogeneous...

We propose a unified growth theory to investigate the mechanics generating the economic and demographic transition, and the role of mortality differences for comparative development. The framework can replicate the quantitative patterns in historical time series data and in contemporaneous...

Die vorliegende Arbeit untersucht die Auswirkungen von Strukturveränderungen auf das Verhalten von Wettkampfteilnehmern. Im ersten Teil der Arbeit wird das teilspielperfekte Nash-Gleichgewicht in einem mehrstufigen Wettkampfmodell mit paarweiser Elimination und heterogenen Teilnehmern bestimmt....