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Comparing the Early Research Performance of PhD Graduates in Labour Economics in Europe and the USA

Cardoso, Ana Rute; Guimaraes, Paulo; Zimmermann, Klaus F - C.E.P.R. Discussion Papers - 2009

This paper analyzes the early research performance of PhD graduates in labor economics, addressing the following … relevant is the quality of the training received (i.e. ranking of institution and supervisor) and the research environment in … received their degree in the years 2000 to 2005 in Europe or the USA. Research productivity is evaluated alternatively as the …

Persistent link: https://www.econbiz.de/10004979475

The Scope of Cooperation: Values and incentives

Tabellini, Guido - C.E.P.R. Discussion Papers - 2007

What explains the range of situations in which individuals cooperate? This paper studies a theoretical model where individuals respond to incentives but are also influenced by norms of good conduct inherited from earlier generations. Parents rationally choose what values to transmit to their...

Persistent link: https://www.econbiz.de/10005666501

Five Puzzles in the Behaviour of Productivity, Investment and Innovation

Gordon, Robert J - C.E.P.R. Discussion Papers - 2004

Productivity growth in the United States was considerably faster during 2000-03 than in the boom years of 1995-2000. This ebullient productivity performance raises numerous questions about its interpretation and its implications for the future, and these are stated here in the form of five...

Persistent link: https://www.econbiz.de/10005123790

People's Opium? Religion and Economic Attitudes

Guiso, Luigi; Sapienza, Paola; Zingales, Luigi - C.E.P.R. Discussion Papers - 2002

Since Max Weber, there has been an active debate on the impact of religion on people’s economic attitudes. Much of the existing evidence, however, is based on cross-country studies in which this impact is confounded by differences in other institutional factors. We use the World Values Surveys...

Persistent link: https://www.econbiz.de/10005123509

Risk and Intermediation in a Dual Financial Market Model

Bloise, Gaetano; Reichlin, Pietro - C.E.P.R. Discussion Papers - 2001

This Paper investigates the relationship between risk and productive activity and the degree of financial intermediation in a model with moral hazard. Entreprenuers can simultaneously get credit from two types of competing institutions: ‘financial intermediaries’ and ‘local lenders’. The...

Persistent link: https://www.econbiz.de/10005123992

Culture and Institutions

Tabellini, Guido - C.E.P.R. Discussion Papers - 2007

institutional outcomes. The paper ends with a discussion of the implications for future research. …

Persistent link: https://www.econbiz.de/10005067364

The Neuroconomics of Mind Reading and Empathy

Fehr, Ernst; Singer, Tania - C.E.P.R. Discussion Papers - 2005

The most fundamental solution concepts in Game Theory – Nash equilibrium, backward induction, and iterated elimination of dominated strategies – are based on the assumption that people are capable of predicting others' actions. These concepts require people to be able to view the game from...

Persistent link: https://www.econbiz.de/10005497744

Why Was Europe Left at the Station when America's Productivity Locomotive Departed?

Gordon, Robert J - C.E.P.R. Discussion Papers - 2004

private and public universities, government subsidies to universities through peer-reviewed research grants rather than …

Persistent link: https://www.econbiz.de/10005497810

Relating Output and Volatility in a Model of International Risk-Sharing with Limited Commitment

Reichlin, Pietro - C.E.P.R. Discussion Papers - 2006

I study the constrained efficient allocations of a simple model of risk sharing and capital flows across countries assuming that each country cannot commit to fully repay its contract obligations. In the model, the degree of risk sharing and the amount of investment are interdependent. It is...

Persistent link: https://www.econbiz.de/10005504378

Theory and the Market after the Crisis: the Endogeneity of Financial Governance

Underhill, Geoffrey R D - C.E.P.R. Discussion Papers - 2010

The inheritance of contemporary financial economics invites us to consider financial stability as integral to a liberal market setting. The crisis however demonstrated that financial markets may prove highly dysfunctional in the absence of adequate mechanisms of regulation and governance. This...

Persistent link: https://www.econbiz.de/10008784732