Similar Search Results

Rules, Discretion, and Corruption in Procurement : Evidence from Italian Government Contracting

Decarolis, Francesco - 2020

for private gain. We study the relationship between discretion and corruption in Italian government procurement auctions …, using a confidential database of firms and procurement officials investigated for corruption by Italian enforcement … associated with corruption only when conducted with fewer than the formally required number of bidders or employing discretionary …

Persistent link: https://www.econbiz.de/10012482428

Gender and Bureaucratic Corruption : Evidence from Two Countries

Decarolis, Francesco; Fisman, Raymond; Pinotti, Paolo; … - National Bureau of Economic Research - 2021

We examine the correlation between gender and bureaucratic corruption using two distinct datasets, one from Italy and a … second from China. In each case, we find that women are far less likely to be investigated for corruption than men. In our … Italian data, female procurement officials are 34 percent less likely than men to be investigated for corruption by …

Persistent link: https://www.econbiz.de/10012482615

Procurement Contracting with Time Incentives : Theory and Evidence

Bajari, Patrick - 2009

In public sector procurement, social welfare often depends on the time taken to complete the contract. A leading example is highway construction, where slow completion times inflict a negative externality on commuters. Recently, highway departments have introduced innovative contracting methods...

Persistent link: https://www.econbiz.de/10012463793

Understanding the Effects of a Shock to Government Purchases

Edelberg, Wendy - 1998

This paper investigates the consequences of an exogenous increase in U.S. government purchases. We find that in response to such a shock, employment, output, and nonresidential investment rise, while real wages, residential investment, and consumption expenditures fall. The paper argues that a...

Persistent link: https://www.econbiz.de/10012472077

Public Contracting for Private Innovation : Government Expertise, Decision Rights, and Performance Outcomes

Bruce, Joshua R. - 2018

We examine how the U.S. Federal Government governs R&D contracts with private-sector firms. The government chooses between two contractual forms: grants and cooperative agreements. The latter provides the government substantially greater discretion over, and monitoring of, project progress....

Persistent link: https://www.econbiz.de/10012452996

Optimal Financing of Government Purchases

Abel, Andrew B.; Panageas, Stauros - National Bureau of Economic Research - 2024

We characterize a planner's optimal allocation of consumption and capital in an overlapping generations model with exogenous government purchases, privately-observed idiosyncratic shocks to the depreciation rate of capital, and a proportional cost of reversing investment to transform used...

Persistent link: https://www.econbiz.de/10015072902

The Allocation of Decision Authority to Human and Artificial Intelligence

Athey, Susan C. - 2020

The allocation of decision authority by a principal to either a human agent or an artificial intelligence (AI) is examined. The principal trades off an AI's more aligned choice with the need to motivate the human agent to expend effort in learning choice payoffs. When agent effort is desired, it...

Persistent link: https://www.econbiz.de/10012479197

Machine Labor

Angrist, Joshua - 2019

Machine learning (ML) is mostly a predictive enterprise, while the questions of interest to labor economists are mostly causal. In pursuit of causal effects, however, ML may be useful for automated selection of ordinary least squares (OLS) control variables. We illustrate the utility of ML for...

Persistent link: https://www.econbiz.de/10012480528

Occupational Classifications : A Machine Learning Approach

Ikudo, Akina - 2018

Characterizing the work that people do on their jobs is a longstanding and core issue in labor economics. Traditionally, classification has been done manually. If it were possible to combine new computational tools and administrative wage records to generate an automated crosswalk between job...

Persistent link: https://www.econbiz.de/10012480604

Machine Learning for Regularized Survey Forecast Combination : Partially-Egalitarian Lasso and its Derivatives

Diebold, Francis X. - 2018

Despite the clear success of forecast combination in many economic environments, several important issues remain incompletely resolved. The issues relate to selection of the set of forecasts to combine, and whether some form of additional regularization (e.g., shrinkage) is desirable. Against...

Persistent link: https://www.econbiz.de/10012480620

1
2
3
4
5
6
7
8
9
10
Next
Last