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Estimating Teacher Effectiveness From Two-Year Changes in Students’ Test Scores
Leigh, Andrew - Research School of Economics, College of Business and … - 2009
Using a dataset covering over 10,000 Australian primary school teachers and over 90,000 pupils, I estimate how effective teachers are in raising students’ test scores from one exam to the next. Since the exams are conducted only every two years, it is necessary to take account of the...
Persistent link: https://www.econbiz.de/10008490570
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Spatial Concentration and Firm-Level Productivity in France
Martin, Philippe; Mayer, Thierry; Mayneris, Florian - C.E.P.R. Discussion Papers - 2008
This paper analyzes empirically the effect of spatial agglomeration of activities on the productivity of firms using … location choice: we find very little difference between the geography that would maximize productivity gains and the geography …
Persistent link: https://www.econbiz.de/10005498038
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Who Gains when Workers Train? Training and Corporate Productivity in a Panel of British Industries
Dearden, Lorraine; Reed, Howard; Van Reenen, John - C.E.P.R. Discussion Papers - 2000
productivity. This paper is part of a smaller literature on the effects of training on direct measures of industrial productivity …. We analyse a panel of British industries between 1983 and 1996. Training information (and other individual productivity … use a variety of panel data techniques (including system GMM) to argue that training significantly boosts productivity …
Persistent link: https://www.econbiz.de/10005667047
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Information Aggregation, Investment, and Managerial Incentives
Albagli, Elias; Hellwig, Christian; Tsyvinski, Aleh - C.E.P.R. Discussion Papers - 2011
We study the interplay of share prices and firm decisions when share prices aggregate and convey noisy information about fundamentals to investors and managers. First, we show that the informational feedback between the firm's share price and its investment decisions leads to a systematic...
Persistent link: https://www.econbiz.de/10009275969
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Optimal Incentive Contracts under Moral Hazard When the Agent is Free to Leave
Englmaier, Florian; Muehlheusser, Gerd; Roider, Andreas - C.E.P.R. Discussion Papers - 2010
We characterize optimal incentive contracts in a moral hazard framework extended in two directions. First, after effort provision, the agent is free to leave and pursue some ex-post outside option. Second, the value of this outside option is increasing in effort, and hence endogenous. Optimal...
Persistent link: https://www.econbiz.de/10008554231
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Family Ties and Organizational Design: Evidence from Chinese Private Firms
Cai, Hongbin; Li, Hongbin; Park, Albert; Zhou, Li-An - C.E.P.R. Discussion Papers - 2010
Analyzing data from a unique survey of managers of Chinese private firms, we investigate how family ties with firm heads affect managerial compensation and job assignment. We find that family managers earn higher salaries and receive more bonuses, hold higher positions, and are given more...
Persistent link: https://www.econbiz.de/10008468597
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Globalization and the Provision of Incentives Inside the Firm
Cuñat, Vicente; Guadalupe, Maria - C.E.P.R. Discussion Papers - 2006
This paper studies the effect of changes in foreign competition on the incentives faced by U.S. managers in the form of wage structures, promotion profiles, and job turnover. We use a panel of executives and measure foreign competition as import penetration. Using tariffs and exchange rates as...
Persistent link: https://www.econbiz.de/10005124375
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Incentives Versus Sorting in Tournaments: Evidence from a Field Experiment
Leuven, Edwin; Oosterbeek, Hessel; Sonnemans, Joep; van … - C.E.P.R. Discussion Papers - 2008
A vast body of empirical studies lends support to the incentive effects of rank-order tournaments. Evidence comes from experiments in laboratories and non-experimental studies exploiting sports or firm data. Selection of competitors across tournaments may bias these non-experimental studies,...
Persistent link: https://www.econbiz.de/10005136509
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The Evolution of Cooperative Norms: Evidence from a Natural Field Experiment
Bandiera, Oriana; Barankay, Iwan; Rasul, Imran - C.E.P.R. Discussion Papers - 2005
effect on productivity when workers and paid piece rates and there is no incentive to cooperate. …
Persistent link: https://www.econbiz.de/10005498099
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Earnings Manipulation and Incentives in Firms
Friebel, Guido; Guriev, Sergei - C.E.P.R. Discussion Papers - 2005
We study the effect of earnings manipulation on incentives within the corporate hierarchy. When top management manipulates earnings, it must prevent information leakage from corporate insiders to the outside world. If an insider (e.g. a division manager) gains evidence about earnings...
Persistent link: https://www.econbiz.de/10005504644