Showing 1 - 10 of 41
If policy-makers care about well-being, they need a recursive model of how adult life-satisfaction is predicted by … childhood influences, acting both directly and (indirectly) through adult circumstances. We estimate such a model using the …
Persistent link: https://www.econbiz.de/10010960126
We set out a general framework for cooperative household models, based on Samuelson’s idea of a household welfare function, but extending it to incorporate the key insight from Nash bargaining models - the idea that the household’s preference ordering over the utility profiles of its members...
Persistent link: https://www.econbiz.de/10005566789
To improve their competitiveness the companies aim to increase the funds available to finance the necessary investments …
Persistent link: https://www.econbiz.de/10010960123
In this paper we compare two flexible estimators of technical efficiency in a cross-sectional setting: the … examples. We find that the reliability of efficiency scores critically hinges upon the ratio of the variation in efficiency to …
Persistent link: https://www.econbiz.de/10009323097
as pivotal input in order to control for their particular contribution to firm-level efficiency. Conceptually, the study … of low-tech industries. However, with regard to firms' technical efficiency, R&D matters for all industries (unlike …
Persistent link: https://www.econbiz.de/10008497587
and existing hypotheses about the impact of foreign direct investment (FDI) on the efficiency of domestic firms in the …
Persistent link: https://www.econbiz.de/10010884338
that the standard approach to test the collective model with distribution factors may yield misleading inference. We … generalize the model and provide an appropriate test procedure to assess its validity. Our new approach extends to households …. We conclude that the household efficiency does yield empirically falsifiable restrictions despite being scarcely rejected …
Persistent link: https://www.econbiz.de/10011268877
there is a tradeoff as to efficiency and inequality with respect to services that are contracted to private companies in a …
Persistent link: https://www.econbiz.de/10011265645
There is substantial cross-country variation in secondary school design, with some countries tracking students into different ability schools very early, and other countries with little or no tracking at all. Does tracking length affects school performance, as measured by standardized test...
Persistent link: https://www.econbiz.de/10005233754
We characterize the equilibrium of a search model with a continuum of job and worker types, wage bargaining, free entry …
Persistent link: https://www.econbiz.de/10005233771