Showing 1 - 9 of 9
We examine the dynamic role of education and experience as determinants of wages. It is hypothesized that an employee … market experience and increase with initially unobserved ability, since the employer gradually obtains better information on …
Persistent link: https://www.econbiz.de/10005666574
rises with experience in the new sector. …
Persistent link: https://www.econbiz.de/10005789215
result of experience with the good/service/event. Behavioral scientists have challenged this assumption and claimed … (providing evidence) that preferences are constantly changing when experience is accumulated. This paper tests the effect of … experience on preferences for attributes of health-care events. We are using two very different samples and a methodology that …
Persistent link: https://www.econbiz.de/10005123715
The standard assumption in economic theory is that preferences do not change as a result of experience with the … as experience is accumulated. This paper tests the effect of experience with a health-care service on preferences for … maternity-ward attributes. In order to explore the effect of experience on preferences, the research sample was decomposed into …
Persistent link: https://www.econbiz.de/10005656214
This paper analyzes optimal re-election bars when incumbents gain socially valuable experience in office. We develop a … two-period model in which the output of a public good depends on an office-holder's effort, ability and experience. When …. Together, these effects outweigh the expected loss of incumbents' acquired experience, which results from their reduced chances …
Persistent link: https://www.econbiz.de/10011083310
substitution of low education / high experience workers by low experience / high education workers by using US and French microdata … explain the changes in returns to experience. It also accounts for a part of the increase in returns to education between 1980 …: the elasticity of substitution between experience and education, which is found to be less than half. In France, the …
Persistent link: https://www.econbiz.de/10005656354
We study the tension between competitive screening and contract enforcement where a principal trades repeatedly with one among several agents, moral hazard and adverse selection coexist, and non-contractible dimensions are governed by relational contracting. We simultaneously characterize...
Persistent link: https://www.econbiz.de/10005082534
Recent research demonstrates that imperfect information about returns to education distorts schooling investments. Questions remain about what information is missing in different settings and for whom such information is most critical. We conducted a field experiment to investigate whether Grade...
Persistent link: https://www.econbiz.de/10009003691
Empirical evidence suggests that sectoral export growth decreases exporters' survival probability, whereas non--exporters are unaffected. Models with firm heterogeneity in total factor productivity predict the opposite. To solve this puzzle, we develop a two--factor framework where firms differ...
Persistent link: https://www.econbiz.de/10008854492