Showing 1 - 10 of 192
This paper provides a theoretical analysis of the relationship between public sector motivation and development. In the model the public sector produces a public good and workers are heterogeneous in terms of public sector motivation (PSM). Wages in the private sector are increasing in the...
Persistent link: https://www.econbiz.de/10005661470
How do families influence the ability of children? Cognitive skills have been shown to be a strong predictor of educational attainment and future labor market success; as a result, understanding the determinants of cognitive skills can lead to a better understanding of children’s long run...
Persistent link: https://www.econbiz.de/10005789041
depends on the relative award the market assigns to intelligence versus other individual merits, which will also influence … equilibrium in the labour market implies that the reward to entrepreneurs depends more on social assets than on intelligence. This …
Persistent link: https://www.econbiz.de/10005124419
prominently, commanding 30% of current defense R&D spending, versus just about 13% for intelligence and anti-terrorism. The second … security. Intelligence emerges as the key aspect of the war against terrorism and, accordingly, R&D aimed at providing advanced … technological means for intelligence is viewed as the cornerstone of defense R&D. This entails developing computerized sensory …
Persistent link: https://www.econbiz.de/10005136658
While recent research finds strong evidence that birth order affects children’s outcomes such as education and earnings, the evidence on the effects of birth order on IQ is decidedly mixed. This paper uses a large dataset on the population of Norway that allows us to precisely measure birth...
Persistent link: https://www.econbiz.de/10005497911
sufficient intelligence by people with limited intelligence may dominate government regulation. …
Persistent link: https://www.econbiz.de/10005662402
In this paper we investigate how heterogeneous agents choose among tournaments with different prizes. We show that if the number of agents is sufficiently small, multiple equilibria can arise. Depending on how the prize money is split over the tournaments, these may include, for example, a...
Persistent link: https://www.econbiz.de/10008642881
We investigate the impact of slavery on the current performances of the US economy. Over a cross section of counties, we find that the legacy of slavery does not affect current income per capita, but does affect current income inequality. In other words, those counties that displayed a higher...
Persistent link: https://www.econbiz.de/10008680759
We propose a general theory that explains the extent of the state and accounts for related institutions as byproducts of the state's extractive technology. We posit further that this extractive technology is determined by the transparency of the production technology. This theory is applied to...
Persistent link: https://www.econbiz.de/10009283392
This paper analyzes two-stage rank-order tournaments. A principal decides (i) how to spread prize money across the two periods, (ii) how to weigh performance in the two periods when awarding the second period prize, and (iii) whether to reveal performance after the first period. The information...
Persistent link: https://www.econbiz.de/10011083571