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"Extrinsic Rewards and Intrinsic Motives: Standard and Behavioral Approaches To Agency and Labor Markets"
Rebitzer, James B.; Taylor, Lowell J. - Levy Economics Institute - 2010
Employers structure pay and employment relationships to mitigate agency problems. A large literature in economics … agency in employment relationships relies on highly stylized assumptions regarding human motivation, e.g., that employees … behavioral complexity and realism into models of agency within organizations. Specifically, we assess the insights gained by …
Persistent link: https://www.econbiz.de/10008679835
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"Using Capabilities to Project Growth, 2010-30"
Felipe, Jesus; Kumar, Utsav; Abdon, Arnelyn - Levy Economics Institute - 2010
long-run fundamentals are determined by countries’ accumulated capabilities and the capacity to undergo structural …
Persistent link: https://www.econbiz.de/10008511691
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"Product Complexity and Economic Development"
Abdon, Arnelyn; Bacate, Marife; Felipe, Jesus; Kumar, Utsav - Levy Economics Institute - 2010
We rank 5,107 products and 124 countries according to the Hidalgo and Hausmann (2009) measures of complexity. We find that: (1) the most complex products are in machinery, chemicals, and metals, while the least complex products are raw materials and commodities, wood, textiles, and agricultural...
Persistent link: https://www.econbiz.de/10008549077
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"Why Has China Succeeded-And Why It Will Continue To Do So"
Felipe, Jesus; Kumar, Utsav; Usui, Norio; Abdon, Arnelyn - Levy Economics Institute - 2010
and more complex capabilities, reflected in the increase in diversification and sophistication of its export basket. This …
Persistent link: https://www.econbiz.de/10008490351
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"Exports, Capabilities, and Industrial Policy in India"
Felipe, Jesus; Kumar, Utsav; Abdon, Arnelyn - Levy Economics Institute - 2010
- and skilled labor–intensive products has allowed the country to accumulate a large number of capabilities. This positions …
Persistent link: https://www.econbiz.de/10008753294
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"How Rich Countries Became Rich and Why Poor Countries Remain Poor: It's the Economic Structure . . . Duh!"
Felipe, Jesus; Kumar, Utsav; Abdon, Arnelyn - Levy Economics Institute - 2010
capabilities needed to manufacture and export more sophisticated and better connected products. …
Persistent link: https://www.econbiz.de/10008764965
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"As You Sow So Shall You Reap: From Capabilities to Opportunities"
Felipe, Jesus; Kumar, Utsav; Abdon, Arnelyn - Levy Economics Institute - 2010
We develop an Index of Opportunities for 130 countries based on their capabilities to undergo structural transformation … sophistication of the products it makes and exports, which reflect its accumulated capabilities. We find that countries like China …, India, Poland, Thailand, Mexico, and Brazil have accumulated a significant number of capabilities that will allow them to do …
Persistent link: https://www.econbiz.de/10008466324
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"Autonomy-enhancing Paternalism"
Binder, Martin; Lades, Leonhard K. - Levy Economics Institute - 2014
Behavioral economics has shown that individuals sometimes make decisions that are not in their best interests. This insight has prompted calls for behaviorally informed policy interventions popularized under the notion of "libertarian paternalism." This type of "soft" paternalism aims at helping...
Persistent link: https://www.econbiz.de/10010765464
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"Causal Linkages between Work and Life Satisfaction and Their Determinants in a Structural VAR Approach"
Coad, Alex; Binder, Martin - Levy Economics Institute - 2014
Work and life satisfaction depends on a number of pecuniary and nonpecuniary factors at the workplace and determines these in turn. We analyze these causal linkages using a structural vector autoregression approach for a sample of the German working populace collected from 1984 to 2008, finding...
Persistent link: https://www.econbiz.de/10010784898
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"Heterogeneity in the Relationship between Unemployment and Subjective Well-Being: A Quantile Approach"
Binder, Martin; Coad, Alex - Levy Economics Institute - 2014
Unemployment has been robustly shown to strongly decrease subjective well-being (or "happiness"). In the present paper, we use panel quantile regression techniques in order to analyze to what extent the negative impact of unemployment varies along the subjective well-being distribution. In our...
Persistent link: https://www.econbiz.de/10010784899