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Bloom, Nicholas - 2014

outcomes. The UK, Sweden, Canada and the US obtain the highest management scores closely followed by Germany, with a gap to …

Persistent link: https://www.econbiz.de/10013044342

Management Practices, Workforce Selection and Productivity

Bender, Stefan - 2016

and firm-level productivity in Germany. In our preferred TFP estimates only a small fraction of this correlation is …

Persistent link: https://www.econbiz.de/10012996465

Competition and Innovation : An Inverted U Relationship

Aghion, Philippe; Bloom, Nicholas; Griffith, Rachel; … - 2021

This paper investigates the relationship between product market competition (PMC) and innovation. A growth model is … reduce innovation incentives for laggards. There are four key predictions. First, the relationship between product market … competition (PMC) and innovation is an inverted U-shape. Second, the equilibrium degree of technological neck-and-neckness' among …

Persistent link: https://www.econbiz.de/10013230578

Fostering and Measuring Skills : Improving Cognitive and Non-Cognitive Skills to Promote Lifetime Success

Kautz, Tim - 2014

This paper reviews the recent literature on measuring and boosting cognitive and noncognitive skills. The literature establishes that achievement tests do not adequately capture character skills|personality traits, goals, motivations, and preferences that are valued in the labor market, in...

Persistent link: https://www.econbiz.de/10013040230

Estimating Marginal Returns to Education

Carneiro, Pedro Manuel - 2010

This paper estimates the marginal returns to college for individuals induced to enroll in college by different marginal policy changes. The recent instrumental variables literature seeks to estimate this parameter, but in general it does so only under strong assumptions that are tested and found...

Persistent link: https://www.econbiz.de/10013136890

Testing the Correlated Random Coefficient Model

Heckman, James J. - 2012

The recent literature on instrumental variables (IV) features models in which agents sort into treatment status on the basis of gains from treatment as well as on baseline-pretreatment levels. Components of the gains known to the agents and acted on by them may not be known by the observing...

Persistent link: https://www.econbiz.de/10013116685

Understanding the Mechanisms Through Which an Influential Early Childhood Program Boosted Adult Outcomes

Heckman, James J. - 2012

A growing literature establishes that high quality early childhood interventions targeted toward disadvantaged children have substantial impacts on later life outcomes. Little is known about the mechanisms producing these impacts. This paper uses longitudinal data on cognitive and personality...

Persistent link: https://www.econbiz.de/10013097268

Macroeconomic Adjustment and the History of Crises in Open Economies

Aizenman, Joshua - 2012

This paper investigates the impact of the history of crises on macroeconomic performance. We first study the impact of past banking crises on the probability of a future banking crisis. Applying data for 1980‐2010 for all countries for which the required information is available, controlling...

Persistent link: https://www.econbiz.de/10013098139

Saving and the Long Shadow of Macroeconomic Shocks

Aizenman, Joshua - 2013

The global crisis of 2008 raises many questions regarding the long‐term response to crises. We know that households that lost access to credit, for example, were forced to adjust and increase saving. But, will households keep on saving more than they would have done otherwise had the global...

Persistent link: https://www.econbiz.de/10013081508

Estimating the Technology of Cognitive and Noncognitive Skill Formation

Cunha, Flavio - 2015

This paper formulates and estimates multistage production functions for children's cognitive and noncognitive skills. Skills are determined by parental environments and investments at different stages of childhood. We estimate the elasticity of substitution between investments in one period and...

Persistent link: https://www.econbiz.de/10013039154