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Which Industries are shifting the Beveridge Curve?

Barnichon, Regis; Elsby, Michael; Hobijn, Bart; Sahin, … - Tinbergen Instituut - 2011

The negative relationship between the unemployment rate and the job openings rate, known as the Beveridge curve, has been relatively stable in the U.S. over the last decade. Since the summer of 2009, in spite of firms reporting more job openings, the U.S. unemployment rate has not declined in...

Persistent link: https://www.econbiz.de/10011255728

Tracing the Changing Measures of Unemployment in Dutch Unemployment Statistics 1900-1940

Rodenburg, Peter - Tinbergen Instituut - 2001

In the period before the second World War, the Dutch Bureau of Statistics had developed two sets of indicators ofunemployment in the Netherlands. One was based on statistical data of unemployment insurance funds of tradeunions and the other one on statistical data of labour exchanges. This paper...

Persistent link: https://www.econbiz.de/10011255842

Models as Measuring Instruments

Rodenburg, Peter - Tinbergen Instituut - 2004

- provided the models is calibrated - this suffice for measurement. This paper explores this construction of a measuring device … in models by analysing the measurement of duration dependence of unemployment. Since search theory can’t be made … measurement to take place by modelling behaviour according to some assumptions, which operate as constraints. While this Weibull …

Persistent link: https://www.econbiz.de/10011257399

The Effect of Noise in a Performance Measure on Work Motivation

Sloof, Randolph; Praag, C. Mirjam van - Tinbergen Instituut - 2008

This paper reports the results of an individual real effort laboratory experiment where subjects are paid for measured performance. Measured performance equals actual performance plus noise. We compare a stable environment where the noise is small with a volatile environment where the noise is...

Persistent link: https://www.econbiz.de/10011255986

The Degradation of Distorted Performance Measures

Sloof, Randolph; Praag, Mirjam van - Tinbergen Instituut - 2008

Baker (2002) has demonstrated theoretically that the quality of performance measures used in compensation contracts hinges on two characteristics: noise and distortion. These criteria, though, will only be useful in practice as long as the noise and distortion of a performance measure can be...

Persistent link: https://www.econbiz.de/10011256322

The Benefits of Being Economics Professor A (and not Z)

Praag, C. Mirjam van; Praag, Bernard M.S. van - Tinbergen Instituut - 2007

Alphabetic name ordering on multi-authored academic papers_new, which is the convention in theeconomics discipline and various other disciplines, is to the advantage of people whose lastname initials are placed early in the alphabet. As it turns out, Professor A, who has been afirst author more...

Persistent link: https://www.econbiz.de/10011256691

The Effects of Prize Spread and Noise in Elimination Tournaments: A Natural Field Experiment

Delfgaauw, Josse; Dur, Robert; Non, Arjan; Verbeke, Willem - Tinbergen Instituut - 2011

We conduct a field experiment in a large retail chain to test basic predictions of tournament theory regarding prize spread and noise. A random subset of the 208 stores participates in two-stage elimination tournaments. Tournaments differ in the distribution of prize money across winners of the...

Persistent link: https://www.econbiz.de/10011256723

Explaining Hedge Fund Investment Styles by Loss Aversion

Siegmann, Arjen; Lucas, André - Tinbergen Instituut - 2002

Recent research reveals that hedge fund returns exhibit a range of different,possibly non-linear pay-off patterns. It is difficult to qualify all these patternssimultaneously as being rational in a traditional framework for optimal financial decisionmaking. In this paper we present a simple...

Persistent link: https://www.econbiz.de/10011257172

Testing for Distortions in Performance Measures: An Application to Residual Income Based Measures like Economic Value Added

Sloof, Randolph; Praag, Mirjam van - Tinbergen Instituut - 2014

This discussion paper resulted in a publication in the 'Journal of Economics and Management Strategy', forthcoming.<P> Distorted performance measures in compensation contracts elicit suboptimal behavioral responses that may even prove to be dysfunctional (gaming). This paper applies the empirical...</p>

Persistent link: https://www.econbiz.de/10011257274

The Effects of Performance Measurement and Compensation on Motivation

Herpen, Marco van; Praag, C. Mirjam van; Cools, Kees - Tinbergen Instituut - 2003

predict that the design and implementation of a performance measurement and compensation system affect the motivation of …

Persistent link: https://www.econbiz.de/10011257406