Showing 1 - 10 of 25
It has long been recognized that worker wages and possibly productivity are higher in large firms. Moreover, at least since Schumpeter (1942) economists have been interested in the relative efficiency of large firms in the research and development enterprise. This paper uses longitudinal...
Persistent link: https://www.econbiz.de/10005086420
Unlike previous studies on major choice of university students, this study considers a university's prestige in their choice of a major field. This study sets up an estimation model for a joint decision about where to go to university (prestigious or non-prestigious) and what major field to...
Persistent link: https://www.econbiz.de/10005086437
A partir de la Encuesta Salud, Bienestar y Envejecimiento (SABE) de la OPS-OMS (2001) se estiman los determinantes del estado de salud para los adultos mayores montevideanos (60 años y más). Se utilizan cuatro aproximaciones a dicho estado: limitaciones funcionales, autopercepción,...
Persistent link: https://www.econbiz.de/10005063552
The paper studies a learning model in which information about a worker's ability can be acquired symmetrically by the worker and a firm in any period by observing the worker's performance on a given task. Productivity at different tasks is assumed to be differentially sensitive to a worker's...
Persistent link: https://www.econbiz.de/10005063711
A large portion of the rise in the education premium can be explained by a signaling theory of education which predicts that in the future, increases in the education level of the workforce will actually cause the education premium to rise, simply because different workers are being labeled as...
Persistent link: https://www.econbiz.de/10005063712
The importance of social trust on economic growth has been suggested by many empirical works. This paper formalizes the concept of social trust and studies its formation process in a game theoretic setting. It provides plausible explanations for a wide range of empirical and experimental...
Persistent link: https://www.econbiz.de/10005063770
This paper estimates return to schooling for african and coloured women in South Africa. It compares parametric and semiparametric estimates of the sample selection model for the case of return to schooling. The parametric estimator is the one proposed by Heckman (1979) and the semiparametric...
Persistent link: https://www.econbiz.de/10005699575
People care not only about how much they are paid, but also about what they do. The aim of this paper is to investigate the interplay between an individual's personal motivation and the structure of dynamic incentive schemes. The optimal long-term contract involves not only transfers at each...
Persistent link: https://www.econbiz.de/10005699635
We exploit the 1980 earthquake in southern Italy and the subsequent relief from mandatory military service granted to all males in the regions hit by the seism to estimate the strength of endogenous social interactions in schooling achievements. Preliminary results point to a significant and...
Persistent link: https://www.econbiz.de/10005699654
This paper examines how each parent's bargaining power affects intrahousehold resource allocations to children's nutrition and education. I test whether the marriage market condition summarized by the sex ratio affects the allocations and whether the parental resources are pooled. I also derive...
Persistent link: https://www.econbiz.de/10005702582