Showing 1 - 10 of 23
Persistent link: https://www.econbiz.de/10003263732
We study market inefficiencies and policy remedies when agents choose their occupations, and entrepreneurialtalent is subject to private information. Untalented entrepreneurs depress the returns to entrepreneurshipbecause of adverse selection. The severity of this problem depends on the outside...
Persistent link: https://www.econbiz.de/10008860726
Almost one third of the population in developing countries is under age 15. Hence improvingthe effectiveness of policy interventions that target adolescents might be especiallyimportant. We analyze the intention to participate in training programs of adolescent girlsin Uganda, a country with...
Persistent link: https://www.econbiz.de/10009248836
UK government policy encourages mothers of young children in low-income families to enter or return to work, via tax credit subsidies and support for childcare. Maternal employment is seen a central plank in the campaign against child poverty, both because it raises income immediately and...
Persistent link: https://www.econbiz.de/10009353997
We document ethnic segregation in secondary schools in England in 2001 inorder to contribute to the debate on the degree of ethnic group social integration.We use indices of dissimilarity and isolation to compare the patterns ofsegregation across nine ethnic groups. We find that levels of ethnic...
Persistent link: https://www.econbiz.de/10009354049
We present an equilibrium theory of the organization of work in an economywhere knowledge is an essential input in … designed to use and communicate their knowledge efficiently. Relativeto autarky, organization leads to larger cross … acquire knowledge lead to opposite implicationson wage inequality and organization than reductions in communication costs.[...] …
Persistent link: https://www.econbiz.de/10008860694
The knowledge economy is nothing new. As Chandler’s (1977) classic study documents,improvements in communication …
Persistent link: https://www.econbiz.de/10008860695
How does the formation of cross-country teams affect the organization of workand the structure of wages? To study this question, we propose a theory of theassignment of heterogeneous agents into hierarchical teams, where less skilledagents specialize in production and more skilled agents...
Persistent link: https://www.econbiz.de/10008860696
Hierarchies allow individuals to leverage their knowledge through others` time.This mechanism increases productivity … andorganization of U.S. lawyers and use an equilibrium model of knowledge hierarchiesinspired by Garicano and Rossi-Hansberg (2006) to …
Persistent link: https://www.econbiz.de/10008860706
Economic institutions encompassing increasingly sophisticated concepts of risk-sharing and liability flourished in Europe since the High Middle Ages. These innovations occurred in an environment of fragmented local jurisdictions, not within the framework of the territorial state. In this short...
Persistent link: https://www.econbiz.de/10005870503