Narrow search
Showing 1 - 10 of 75
Cover Image
On the "Adverse Selection" of Organizations
Kräkel, Matthias - Institute for the Study of Labor (IZA) - 2006
According to New Institutional Economics, two or more individuals will found an organization, if it leads to a benefit compared to market allocation. A natural consequence will then be internal rent seeking. We discuss the interrelation between profits, rent seeking and the foundation of...
Persistent link: https://www.econbiz.de/10005822215
Cover Image
Firm Size, Economic Situation and Influence Activities
Kräkel, Matthias - Institute for the Study of Labor (IZA) - 2006
This paper discusses the optimal firm size in the presence of influence activities, and the level of individual rent-seeking dependent on the economic situation of the firm. Since firm size has a discouraging effect on the level of individual rent-seeking but also a quantity effect as the number...
Persistent link: https://www.econbiz.de/10005822433
Cover Image
Convergence to the Managerial Frontier
Maloney, William F.; Sarrias, Mauricio - Institute for the Study of Labor (IZA) - 2014
Using detailed survey data on management practices, this paper uses recent advances in unconditional quantile analysis to study the changes in the within country distribution of management quality associated with country convergence to the managerial frontier. It then decomposes the contribution...
Persistent link: https://www.econbiz.de/10010790511
Cover Image
Does Management Matter in Schools?
Bloom, Nicholas; Lemos, Renata; Sadun, Raffaella; Van … - Institute for the Study of Labor (IZA) - 2014
We collect data on operations, targets and human resources management practices in over 1,800 schools educating 15-year-olds in eight countries. Overall, we show that higher management quality is strongly associated with better educational outcomes. The UK, Sweden, Canada and the US obtain the...
Persistent link: https://www.econbiz.de/10011078403
Cover Image
Co-Determination, Efficiency, and Productivity
FitzRoy, Felix R.; Kraft, Kornelius - Institute for the Study of Labor (IZA) - 2004
-level co-determination. Although our data span two severe recessions when labour hoarding costs of co-determination are …
Persistent link: https://www.econbiz.de/10005822112
Cover Image
The Consequences of a Piece Rate on Quantity and Quality: Evidence from a Field Experiment
Heywood, John S.; Siebert, W. Stanley; Wei, Xiangdong - Institute for the Study of Labor (IZA) - 2013
This field experiment examines output quantity and quality for workers in a data input business. We observe two sets of workers that differ in monitoring intensity as they move from time to piece rates. The application of piece rates increases quantity, and we find that the resultant quality can...
Persistent link: https://www.econbiz.de/10010700365
Cover Image
A Behavioral Account of the Labor Market: The Role of Fairness Concerns
Fehr, Ernst; Goette, Lorenz; Zehnder, Christian - Institute for the Study of Labor (IZA) - 2008
In this paper, we argue that important labor market phenomena can be better understood if one takes (i) the inherent incompleteness and relational nature of most employment contracts and (ii) the existence of reference-dependent fairness concerns among a substantial share of the population into...
Persistent link: https://www.econbiz.de/10005762059
Cover Image
Market Characteristics, Intra-Firm Coordination, and the Choice of Human Resource Management Systems: Evidence from New Japanese Data
Kato, Takao; Owan, Hideo - Institute for the Study of Labor (IZA) - 2007
coordination within the organization and the structure of organization and bundling of HRMPs (Human Resource Management Practices … characteristics and its choice of HRMP system. We begin with constructing a team-theoretic model and derive three task coordination … modes: vertical control, horizontal coordination, and hybrid coordination. The model provides rich implications about …
Persistent link: https://www.econbiz.de/10005703136
Cover Image
Managerial Practices and Students' Performance
Di Liberto, Adriana; Schivardi, Fabiano; Sulis, Giovanni - Institute for the Study of Labor (IZA) - 2014
We study the effects of managerial practices in schools on students' outcomes. We measure managerial practices using the World Management Survey, a methodology that enables us to construct robust measures of management quality comparable across countries. We find substantial heterogeneity in...
Persistent link: https://www.econbiz.de/10010959682
Cover Image
Five Open Questions About Prediction Markets
Wolfers, Justin; Zitzewitz, Eric - Institute for the Study of Labor (IZA) - 2006
Interest in prediction markets has increased in the last decade, driven in part by the hope that these markets will prove to be valuable tools in forecasting, decision-making and risk management - in both the public and private sectors. This paper outlines five open questions in the literature,...
Persistent link: https://www.econbiz.de/10005762271