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We fully solve an assignment problem with heterogeneous firms and multiple heterogeneous workers whose skills are imperfect substitutes, that is, when production is submodular. We show that sorting is neither positive nor negative and is characterized sufficiently by two regions. In the first...
Persistent link: https://www.econbiz.de/10012629510
Real and private-value assets--defined here as the sum of real estate, infrastructure, collectibles, and non-corporate business equity--is an investment class worth an estimated $85 trillion in the U.S. alone. Furthermore, private values can affect pricing in many other financial markets, such...
Persistent link: https://www.econbiz.de/10012496134
Using bi-weekly snapshots of Zillow in three US cities, we document how home sellers and buyers interact with Zillow's Zestimate algorithm during the sales cycle of residential properties. We find that listing and selling outcomes respond significantly to Zestimate, and Zestimate is quickly...
Persistent link: https://www.econbiz.de/10013172179
the composition of top management teams when a key member of the team (the CEO) departs. Our empirical analysis … establishes several facts that are consistent with co-worker complementarity being an important determinant of management team …
Persistent link: https://www.econbiz.de/10012468343
Men outnumber women as undergraduate economics majors by three to one nationwide. Even at the best research universities and liberal arts colleges men outnumber women by two to one or more. The Undergraduate Women in Economics Challenge was begun in 2015 as an RCT with 20 treatment schools and...
Persistent link: https://www.econbiz.de/10012453524
Economics is among the most popular undergraduate majors. However, even at the best research universities and liberal arts colleges men outnumber women by two to one, and overall there are about 2.5 males to every female economics major. The Undergraduate Women in Economics (UWE) Challenge was...
Persistent link: https://www.econbiz.de/10014322819
What is the impact of male and female alumni speaker interventions in introductory microeconomics courses on student interest in economics? Using student-level transcript data, we estimate the effect of speakers on future course-taking in models which use untreated lectures as control groups,...
Persistent link: https://www.econbiz.de/10014226180
created at firm formation and is inalienable from the founding team itself. To test this hypothesis, we exploit premature … deaths to identify the causal impact of losing a founding team member on startup performance. We find that the exogenous … separation of a founding team member due to premature death has a persistently large, negative, and statistically significant …
Persistent link: https://www.econbiz.de/10012482633
team size by the number of authors on a scientific paper. Using this measure we find that team size increases by 50 percent … over the 19-year period. We supplement team size with measures of domestic and foreign institutional collaborations, which … capture the geographic dispersion of team workers. The time series evidence suggests that the trend towards larger and more …
Persistent link: https://www.econbiz.de/10012468053
diversity (i.e., within the team) as well as vertical diversity (i.e., team to faculty advisor) and their effect on performance … course was run in multiple cohorts in otherwise identical formats except for the team formation mechanism used. In several … exogenous to the gender make-up of the entrepreneurial team, the positive performance effects can be interpreted as causal …
Persistent link: https://www.econbiz.de/10012510562