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ORGANIZATION AND INEQUALITY IN A KNOWLEDGE ECONOMY

Garicano, Luis; Rossi-Hansberg, Esteban - London School of Economics and Political Science - 2006

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 at the turn of the Twentieth Century: the Emergence of Hierarchies

Garicano, Luis; Rossi-Hansberg, Esteban - London School of Economics and Political Science - 2006

The knowledge economy is nothing new. As Chandler’s (1977) classic study documents,improvements in communication …

Persistent link: https://www.econbiz.de/10008860695

OFFSHORING IN A KNOWLEDGE ECONOMY

Antràs, Pol; Garicano, Luis; Rossi-Hansberg, Esteban - London School of Economics and Political Science - 2006

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

The Returns to Knowledge Hierarchies

Garicano, Luis; Hubbard, Thomas N. - London School of Economics and Political Science; … - 2008

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

Interregional and interurban convergence in knowledge production? : Spatio-temporal changes in US patenting, 1965 - 1997

Sonn, Jung Won (contributor) - 2005

Persistent link: https://www.econbiz.de/10003263732

Social Indicators and the Study of Inequality

Meyers, Marcia K.; Garfinkel, Irwin - Federal Reserve Bank <New York, NY>; London School of … - 1999

[...]The New York City Social Indicators Survey (SIS)project represents one effort to track the consequences ofpolicy reform and devolution for inequality and well-beingin the largest and most diverse city in the United States.The project uses a telephone survey to collect data from arepeated...

Persistent link: https://www.econbiz.de/10005870055

Measuring the Value of Better Schools

Black, Sandra E. - Federal Reserve Bank <New York, NY>; London School of … - 1998

[...]In this paper, I examine two methods of measuringthe value of better schools. One involves following individualsover time to determine how the quality of theirschooling affects outcomes later in their lives; the otherinvolves calculating parental valuation of better schoolstoday. I review...

Persistent link: https://www.econbiz.de/10005870215

The Two-Legged Stool: The Neglected Role of Educational Standards in Improving America’s Public Schools

Betts, Julian R. - University of California <Berkeley, Calif.> / San Diego …; … - 1998

[...]The central point is simple: far and away themost important determinant of how quickly studentslearn is the effort of students themselves. It follows thatan increase in schools’ expectations of students couldhave important effects on the quality of public schooling.By establishing a...

Persistent link: https://www.econbiz.de/10005870216

Rule-based monetary policy under central bank learning

Aoki, Kosuke; Nikolov, Kalin - London School of Economics and Political Science - 2005

The paper evaluates the performance of three popular monetary policy rules when the central bank is learning aboutthe parameter values of a simple New Keynesian model. The three policies are: (1) the optimal non-inertial rule; (2)the optimal history-dependent rule; (3) the optimal price-level...

Persistent link: https://www.econbiz.de/10005870371

Piece rates and learning: understanding work and production in the New England textile industry a century ago.

Leunig, Timothy - London School of Economics and Political Science - 2003

New data on individual worker’s outputs show that New England ring spinners exhibited substantial on the job learning c. 1905. Despite this, variable capital-labour ratios meant high labour turnover reduced aggregate labour productivity only fractionally. The combination of variable...

Persistent link: https://www.econbiz.de/10005870600