Showing 1 - 10 of 185
It is unclear whether the hierarchy in the economics profession is the result of the agglomeration of excellence or of nepotism. I construct the professor-student network for laureates of and candidates for the Nobel Prize in Economics. I study the effect of proximity to previous Nobelists on...
Persistent link: https://www.econbiz.de/10014079650
signaling research talent to outsiders. Awards should therefore be taken seriously as a means of motivating research that may …
Persistent link: https://www.econbiz.de/10010264544
Assets in the fossil fuel industries are at risk of losing market value due to anticipated breakthroughs in renewable technology and governments stepping up climate policies in the light of the Paris commitments to limit global warming to 1.5 or 2 degrees Celsius. Stranded assets arise due to...
Persistent link: https://www.econbiz.de/10012843436
The paper examines episodes of current account adjustment in individual economies. A central finding is that these episodes are very divergent and can be usefully classified, on the basis of cluster analysis, in three groups. A majority of cases is characterised by internal adjustment,...
Persistent link: https://www.econbiz.de/10013317000
We study ex post outsourcing of production in an imperfectly discriminating contest, interpreted here as a research … increases competition between the contestants, leading to higher total contest effort, unless the ex-post bargaining strength of … stronger competition. …
Persistent link: https://www.econbiz.de/10010261411
We analyse how state university competition to collect resources may affect both research and the quality of teaching … research and teaching supplied by each university, and the mix of low- and high-ability students attending each university. The …
Persistent link: https://www.econbiz.de/10010274738
This paper studies the impact of hospital competition on waiting times. We use a Salop-type model, with hospitals that … from the closest hospital (monopoly segment). Compared with a benchmark case of monopoly, we find that hospital competition … hospital competition, the effect of increased competition depends on the parameter of measurement: Lower travelling costs …
Persistent link: https://www.econbiz.de/10010264231
that supranational competition can have very different consequences on the rent seeking behaviour of firms, depending on …
Persistent link: https://www.econbiz.de/10010264297
outside option to public and other schools, this paper considers the effect of catholic competition on non-catholic school … performance in pre-university education. Employing data from central exit exams, a positive link between competition intensity and … academic achievement is found. In addition to raising achievement, higher levels of competition are not associated with a …
Persistent link: https://www.econbiz.de/10010265979
We investigate the effect of competition on quality in regulated markets (e.g., health care, higher education, public … to the steady state. While fiercer competition (lower transportation costs or less sluggish demand) leads to higher … quality in both solutions, the quality response to increased competition is weaker when players use feedback strategies. …
Persistent link: https://www.econbiz.de/10010266064