Showing 1 - 10 of 603
machinery, electrical products and chemical products industries. The results show that there is significant oligopoly power in …
Persistent link: https://www.econbiz.de/10012475436
We study the gains from trade in a model with endogenously variable markups. We show that the pro-competitive gains from trade are large if the economy is characterized by (i) extensive misallocation, i.e., large inefficiencies associated with markups, and (ii) a weak pattern of cross-country...
Persistent link: https://www.econbiz.de/10012460618
This paper investigates the individual and joint effects of group incentive pay and problem-solving teams on productivity. To estimate models of adoption of these work practices and models of the effects of the work practices on productivity, we constructed a data set on the operations of 34...
Persistent link: https://www.econbiz.de/10012470418
Recent proposals would strengthen the dependence of teacher pay and retention on performance, in order to attract those who will be effective teachers and repel those who will not. I model the teacher labor market, incorporating dynamic self-selection, noisy performance measurement, and Bayesian...
Persistent link: https://www.econbiz.de/10012460241
An observed positive relationship between compensation and productivity cannot distinguish between two channels: (1) an incentive effect and (2) worker selection. We use a simplified Becker-DeGroot-Marschak mechanism, which provides random variation in piece rates conditional on revealed...
Persistent link: https://www.econbiz.de/10012458839
We nested a large-scale field experiment into the national rollout of the introduction of performance pay for medical care providers in Rwanda to study the effect of incentives for health care providers. In order to identify the effect of incentives separately from higher compensation, we held...
Persistent link: https://www.econbiz.de/10012459615
large Indian garment firm with rich survey data on line managers, we find that several key dimensions of managerial quality …
Persistent link: https://www.econbiz.de/10012479801
We study relational contracts among managers using unique data that tracks transfers of workers across teams in Indian … ready-made garment factories. We focus on how relational contracts help managers cope with worker absenteeism shocks, which … these facts imply gains from sharing workers. We show that managers respond to shocks by lending and borrowing workers in a …
Persistent link: https://www.econbiz.de/10012794609
characterize the optimal managerial compensation contract when firms accumulate organizational capital but risk-averse managers …
Persistent link: https://www.econbiz.de/10012463986
"spinouts": managers of input divisions can start their own firms, making customized inputs formerly provided internally subject … lead to inefficiently low entry. Vertically integrated firms can fight back by hiring managers for their input divisions …
Persistent link: https://www.econbiz.de/10012458936