Showing 1 - 10 of 34
This paper analyzes the impact of voucher design on student sorting, and more specifically investigates whether there … are feasible ways of designing vouchers that can reduce or eliminate student sorting. It studies these questions in the … sorting where private schools can screen students. However, the publicly funded U.S. voucher programs require private schools …
Persistent link: https://www.econbiz.de/10005125900
doubly disadvantaged and amplify existing inequalities. We explore the relationship between the degree of sorting by … relationship between sorting by ethnicity and the variance of test scores, but no direct relationship between sorting by income or … endogeneity in the extent of sorting: the results indicate that sorting by ethnicity does not affect the variance of test scores …
Persistent link: https://www.econbiz.de/10005413023
Agency costs are a cost of production, and firms that do a better job of minimizing these costs should exhibit better performance. This paper tests this hypothesis by calculating the performance elasticity of average employee hourly compensation for U.S. manufacturing firms. This elasticity...
Persistent link: https://www.econbiz.de/10005076551
This paper deals with the optimality of teacher incentive contracts in the presence of costly or limited government resources. It considers educational production under asymmetric information as a function of teacher effort and class size. In the presence of costly government resources and...
Persistent link: https://www.econbiz.de/10005076924
This paper empirically examines how changes in the hierarchical structure of a large organization can affect incentives …
Persistent link: https://www.econbiz.de/10005077034
Persistent link: https://www.econbiz.de/10005077050
For groups that must make several decisions of similar form, we define a simple and general mechanism that is designed to promote social efficiency. The mechanism links the various decisions by forcing agents to budget their representations of preferences so that the frequency of preferences...
Persistent link: https://www.econbiz.de/10005077065
measures? An experiment on a nationally representative sample of over 1200 Americans provides an answer. Respondents are …
Persistent link: https://www.econbiz.de/10005125560
The existing debate about policies designed to foster the development of a stakeholder economy have largely avoided a fundamental question. How large is the financial stake employees currently hold in their companies? This paper addresses this question using data from the Datastream database,...
Persistent link: https://www.econbiz.de/10005125764
This paper evaluates the intensity of the value-maximization incentives for average employees generated through wage …
Persistent link: https://www.econbiz.de/10005134449