This paper examines international and domestic collaborations using data from an original survey of corresponding authors and Web of Science data of articles that had at least one US coauthor in the fields of Particle and Field Physics, Nanoscience and Nanotechnology, and Biotechnology and...

This paper uses the random assignment of playing partners in professional golf tournaments to test for peer effects in the workplace. We find no evidence that the ability of playing partners affects the performance of professional golfers, contrary to recent evidence on peer effects in the...

The importance of knowledge and skills in meeting new challenges in production and distribution is particularly evident in today’s market, which is characterized by a saturation of products and strong competition. To be successful in the market, companies must stand out and be creative and...

The debate over the extent and causes of rising inequality of American incomes and wages has now raged for at least two decades. In this paper, we will make four arguments. First, the increase in the incomes and wages of the top 1 percent over the last three decades should be interpreted as...

We establish an important role for the firm by studying capital reallocation decisions of mutual fund firms. At least 30% of the value mutual fund managers add can be attributed to the firm's role in efficiently allocating capital amongst its mutual fund managers. We find no evidence of a...

This paper studies a possible market failure in the firm-based vocational training market: training may be too complex to be specified in a contract so that it is legally enforceable, resulting in the inability of firms to commit to training provision. We present a model of firm provided...

In der Diskussion um die berufliche Gleichstellung der Geschlechter spielt die bedingte Chancengleichheit eine wichtige Rolle. Bei gleichen Ausgangsbedingungen sollten Frauen wie Maennern die gleichen Karrieremoeglichkeiten offen stehen. Die Analyse der Karrieren von 43 Absolventinnen und 51...

The question of how the career path for professors should be structured is a central issue in the current debate on reforming higher education in Germany. In order to substantiate current discussions on promotion and faculty development this study presents empirical data on the biographies of...