Showing 1 - 10 of 21
In three sets of experiments involving over 4,200 subjects, we show that agents motivated to be selfish make systematic decision errors of the kind generally attributed to cognitive limitations or behavioral biases. We show that these decision errors are eliminated (or dramatically reduced) when...
Persistent link: https://www.econbiz.de/10012480539
How much do different monetary and non-monetary motivators induce costly effort? Does the effectiveness line up with the expectations of researchers? We present the results of a large-scale real-effort experiment with 18 treatment arms. We compare the effect of three motivators: (i) standard...
Persistent link: https://www.econbiz.de/10012456482
This paper estimates the effect of the individual incentives teachers face in a teacher-based value-added merit pay tournament on student achievement. We first build an illustrative model in which teachers use proximity to an award threshold to update their information about their own ability,...
Persistent link: https://www.econbiz.de/10012457071
Using data on student outcomes and school choice lotteries from a low-income urban school district, we examine how school choice can affect student outcomes through increased motivation and personal effort as well as through improved school and peer inputs. First we use unique daily data on...
Persistent link: https://www.econbiz.de/10012460339
Persistent link: https://www.econbiz.de/10000645265
the type Chile implemented throughout most of the 1990s reduce a country's vulnerability to contagion. I also deal, albeit … presented in this paper shows that the effectiveness of Chile's controls on inflows has often been overstated. Indeed, Chile was …
Persistent link: https://www.econbiz.de/10012470949
better economic environment. In this paper I review these sources through the recent experiences of Argentina, Chile and …
Persistent link: https://www.econbiz.de/10012470968
Both Chile and Mexico experienced severe economic crises in the early 1980s, but Chile recovered much faster than did … of this difference between the two countries was the faster productivity growth in Chile, rather than higher investment … or employment. Our hypothesis is that this difference in productivity was driven by earlier policy reforms in Chile, the …
Persistent link: https://www.econbiz.de/10012469822
In this paper I analyze, within the context of the new 'financial architecture,' the relationship between exchange rate regimes, capital flows and currency crises in emerging economies. The paper draws on lessons learned during the 1990s, and deals with some of the most important policy...
Persistent link: https://www.econbiz.de/10012470189
Chile and Mexico experienced severe economic crises in the early 1980s. This paper analyzes four possible explanations … for why Chile recovered much faster than did Mexico. Comparing data from the two countries allows us to rule out a … two countries was the earlier policy reforms in Chile that generated faster productivity growth. The most crucial of these …
Persistent link: https://www.econbiz.de/10012470198