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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
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