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The Quantification of Structural Reforms: Taking Stock of the Results for OECD and Non-OECD Countries

Egert, Balazs - 2020

-factor productivity, capital deepening and employment) for an almost complete set of OECD countries, ii.) non-linear results on how …

Persistent link: https://www.econbiz.de/10012425684

Yes, managers should be paid like bureaucrats

Frey, Bruno S.; Osterloh, Margit - 2005

Corporate scandals, reflected in excessive management compensation and fraudulent accounts, cause considerable damage. Agency theory's insistence on linking the compensation of managers and directors as closely as possible to firm performance is a major reason for these scandals. They cannot be...

Persistent link: https://www.econbiz.de/10010261124

Knight fever : towards an economics of awards

Frey, Bruno S. - 2005

Awards in the form of orders, medals, decorations and titles are ubiquitous in monarchies and republics, private organizations, not-for-profit and profit-oriented firms. Nevertheless, economists have disregarded this kind of non-material extrinsic incentive. The demand for awards relies on an...

Persistent link: https://www.econbiz.de/10010261193

Community Enterprises: An institutional innovation

Frey, Bruno S.; Lüthi, Roger; Osterloh, Margit - 2011

Management research has long focused on the theory of the firm, studying for-profit organizations that produce privately owned resources based on central authority and within well-defined boundaries. In recent times, a new kind of enterprise has emerged that we call Community Enterprises. They...

Persistent link: https://www.econbiz.de/10010274756

The Quantification of Structural Reforms in OECD Countries: A New Framework

Egert, Balazs; Gal, Peter - 2017

effects on physical capital, employment and productivity through a production function. On the basis of reforms defined as …

Persistent link: https://www.econbiz.de/10011657141

The Quantification of Structural Reforms: Extending the Framework to Emerging Market Economies

Egert, Balazs - 2018

This paper estimates and quantifies the impact of structural reforms on per capita income for a large set of OECD and non-OECD countries. The findings suggest that the quality of institutions matters to a large extent for economic outcomes. More competition-friendly regulations, as measured by...

Persistent link: https://www.econbiz.de/10011815814

Nominal and real exchange rate models in South Africa: How robust are they?

Egert, Balazs - 2012

This paper addresses difficulties in modelling exchange rates in South Africa. Real exchange rate models of earlier research seem to be sensitive to the sample period considered, alternative variable definition, data frequency and estimation methods. Alternative exchange rate models proposed in...

Persistent link: https://www.econbiz.de/10010283582

A New Macroeconomic Measure of Human Capital Exploiting PISA and PIAAC: Linking Education Policies to Productivity

Egert, Balazs; de la Maisonneuve, Christine; Turner, David - 2022

quantity of education. The new measure has a strong link to productivity with the potential for productivity gains being much … education policy (pre-primary education) on human capital and productivity to demonstrate the usefulness of the new measure for …

Persistent link: https://www.econbiz.de/10013266693

Quantifying the Macroeconomic Impact of Covid-19-Related School Closures through the Human Capital Channel

de la Maisonneuve, Christine; Egert, Balazs; Turner, David - 2023

the long-term effect of the Covid-19-related school closures on aggregate productivity through the human capital channel …. Productivity losses build up over time and are estimated to range between 0.4% and 2.1% after 45 years, for 12 weeks and 2 years of …

Persistent link: https://www.econbiz.de/10014290306

Trade Liberalization, Input Intermediaries and Firm Productivity: Evidence from China

Defever, Fabrice; Imbruno, Michele; Kneller, Richard - 2019

We investigate theoretically and empirically the role of wholesalers in mediating the productivity effects of trade … liberalization. Intermediaries provide indirect access to foreign produced inputs. The productivity effects of input tariff cuts on … firms experience productivity gains from reducing input tariffs if trade intermediation of foreign inputs within their …

Persistent link: https://www.econbiz.de/10012179786