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Incomplete Contracts and Firm Boundaries: New Directions
Dessein, Wouter - C.E.P.R. Discussion Papers - 2012
The seminal work by Grossman and Hart (1986) made the study of firm boundaries susceptible to formal economic analysis, and illuminated an important role for markets in providing incentives. In this essay, I discuss some new directions that the literature has taken since. As a central challenge,...
Persistent link: https://www.econbiz.de/10011083406
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Adaptation Can Help Mitigation: An Integrated Approach to Post-2012 Climate Policy
Bosello, Francesco; Carraro, Carlo; De Cian, Enrica - C.E.P.R. Discussion Papers - 2012
policy measures, adaptation will be needed to address climate related damages. What is the role of adaptation in this setting … adaptation and mitigation expenditures in a cost-effective setting in which countries cooperate to achieve a long … different adaptation modes (reactive and anticipatory), mitigation, and capacity building to analyse the optimal portfolio of …
Persistent link: https://www.econbiz.de/10011083452
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The New Stylized Facts About Income and Subjective Well-Being
Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - C.E.P.R. Discussion Papers - 2013
In recent decades economists have turned their attention to data that asks people how happy or satisfied they are with their lives. Much of the early research concluded that the role of income in determining well-being was limited, and that only income relative to others was related to...
Persistent link: https://www.econbiz.de/10011083711
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Academic Dynasties: Decentralization and Familism in the Italian Academia
Durante, Ruben; Labartino, Giovanna; Perotti, Roberto - C.E.P.R. Discussion Papers - 2011
Decentralization can lead to "good" or "bad" outcomes depending on the socio-cultural norms of the targeted communities. We investigate this issue by looking at the evolution of familism and nepotism in the Italian academia before and after the 1998 reform, which decentralized the recruitment of...
Persistent link: https://www.econbiz.de/10009367428
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Vive la Révolution! Long Term Returns of 1968 to the Angry Students
Maurin, Eric; McNally, Sandra - C.E.P.R. Discussion Papers - 2005
The famous events of May 1968, starting with student riots, threw France into a state of turmoil. The period of ‘revolution’ coincided with the time in which important examinations are undertaken. As a result, normal examination procedures were abandoned and the pass-rate for various...
Persistent link: https://www.econbiz.de/10005666794
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Government, Human Capital Formation and Higher Education.
Chapman, B.J.; Pope, D. - Research School of Economics, College of Business and … - 1992
Persistent link: https://www.econbiz.de/10004992959
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The Design of the University System
De Fraja, Gianni; Valbonesi, Paola - C.E.P.R. Discussion Papers - 2008
This paper compares the organisation of the university sector under private provision with the structure which would be chosen by a welfare maximising government. It studies a general equilibrium model where universities carry out research and teach students. To attend university, and earn...
Persistent link: https://www.econbiz.de/10005789032
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Participation and Schooling in a Public System of Higher Education
Kelchtermans, Stijn; Verboven, Frank - C.E.P.R. Discussion Papers - 2006
We analyze the determinants of participation (whether to study) and schooling (where and what to study) in a public system of higher education, based on a unique dataset of all eligible high school pupils in an essentially closed region (Flanders). We find that pupils perceive the available...
Persistent link: https://www.econbiz.de/10005792532
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Has the effect of parents’ education on child’s education changed over time?
Chesters, Jenny - Research School of Economics, College of Business and … - 2010
This paper examines whether the expansion of higher education has reduced inequality by providing more opportunities for students from less privileged backgrounds to attend university or further entrenched existing inequalities. Drawing on Maximally Maintained Inequality theory and Relative Risk...
Persistent link: https://www.econbiz.de/10008515765
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The University Gender Gap in Australia: A Long-run Perspective
Booth, Alison L.; Kee, Hiau Joo - Research School of Economics, College of Business and … - 2009
According to the 1911 Census, the proportion female of those receiving university education was around 22%, growing to 29% in 1921. By 1952 it had dropped to under 20%, due to easy access into universities for returning war-veterans. From the early 1950s, the university-educated gender gap began...
Persistent link: https://www.econbiz.de/10008490574