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What is Left to Residual Claimants? The Empirics of Income Reported by Entrepreneurs and Workers

Poutvaara, Panu; Tuomala, Juha - EconWPA - 2004

Using Finnish panel data, we study how entrepreneurs differ from workers in education and income dynamics. We find that workers have higher median income in all educational groups. Without additional controls, entrepreneurs have higher average income with all but undergraduate level of...

Persistent link: https://www.econbiz.de/10005556770

Candidate Quality

Poutvaara, Panu; Takalo, Tuomas - EconWPA - 2004

We analyze the topical question of how the compensation of elected politicians affects the set of citizens choosing to run. To this end, we develop a sparse and tractable citizen-candidate model of representative democracy with ability differences, informative campaigning and political parties....

Persistent link: https://www.econbiz.de/10005560979

The Invisible Hand Plays Dice: Eventualities in Religious Markets

Poutvaara, Panu; Wagener, Andreas - EconWPA - 2004

Religious participation is much more widespread in the United States than in Europe, while Europeans tend to view sects more suspiciously than Americans. We propose an explanation for these patterns without assuming differences in preferences or market fundamentals. Religious markets may have...

Persistent link: https://www.econbiz.de/10005407789

A Laboratory Experiment of Knowledge Diffusion Dynamics

Morone, Piergiuseppe; Taylor, Richard - EconWPA - 2004

dominate the phenomenon of knowledge diffusion in the process that is called ‘interactive learning’. We examine how knowledge … distribution of knowledge diffusion. We will show how these factors can be classified as follow: (1) learning strategies adopted by … their relative initial levels of knowledge. We shall also attempt to single out the relative effect of each of the above …

Persistent link: https://www.econbiz.de/10005125585

The Two Faces of Knowledge Diffusion: the Chilean Case

Morone, Piergiuseppe - EconWPA - 2002

This paper analyses the dynamics of return to knowledge where knowledge is acquired through the combination of … interactive and individual learning. We suggest that in light of this new definition of knowledge, choosing the optimal level of …

Persistent link: https://www.econbiz.de/10005408325

Job-Hopping in Silicon Valley: Some Evidence Concerning the Micro-Foundations of a High Technology Cluster

Fallick, Bruce; Fleischman, Charles A.; Rebitzer, James B. - EconWPA - 2005

California law that make non-compete agreements unenforceable. Consistent with our model of innovation, mobility rates outside of …

Persistent link: https://www.econbiz.de/10005556771