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By incorporating reciprocity in an otherwise standard principal-agent model, I investigate the relation between monetary gift-exchange and incentive pay, while allowing for worker heterogeneity. I assume that some, but not all, workers care more for their principal when they are convinced that...
Persistent link: https://www.econbiz.de/10013121201
We propose a signaling model of student enrollment dynamics based on probabilities of completion of studies, under …
Persistent link: https://www.econbiz.de/10013315508
Expanded international data from the PIAAC survey of adult skills allow us to analyze potential sources of the cross-country variation of comparably estimated labor-market returns to skills in a more diverse set of 32 countries. Returns to skills are systematically larger in countries that have...
Persistent link: https://www.econbiz.de/10012979542
Existing estimates of the labor-market returns to human capital give a distorted picture of the role of skills across different economies. International comparisons of earnings analyses rely almost exclusively on school attainment measures of human capital, and evidence incorporating direct...
Persistent link: https://www.econbiz.de/10013059025
in higher education. We investigate students' knowledge and their receptiveness to information campaigns about the costs … and benefits of staying on in education. We compare the effects of a specially designed information campaign to the …, we find that an inexpensive information campaign can be effective in improving information and reducing perceived …
Persistent link: https://www.econbiz.de/10013043598
We examine earnings records for 90,000 classroom teachers employed by Florida public schools between the 2001–02 and 2006–07 school years, roughly 20,000 of whom left teaching during that time. Among grade 4–8 teachers leaving for other industries, a 1 standard deviation increase in...
Persistent link: https://www.econbiz.de/10013145393
Many countries use centralized exit exams as a governance devise of the school system. While abundant evidence suggests positive effects of central exams on achievement tests, previous research on university-bound students shows no effects on subsequent earnings. We suggest that labor-market...
Persistent link: https://www.econbiz.de/10013315856
Existing growth research provides little explanation for the very large differences in long-run growth performance across OECD countries. We show that cognitive skills can account for growth differences within the OECD, whereas a range of economic institutions and quantitative measures of...
Persistent link: https://www.econbiz.de/10013316138
We investigate the effects of two reforms of temporary employment using panel data on Italian firms. We exploit variation in their implementation across regions and sectors for identification. We find that the reform of apprenticeship contracts increased job turnover and induced the substitution...
Persistent link: https://www.econbiz.de/10013122251
When information about the true abilities of job-seekers and applicants are hard to get, statistical discrimination by … explain differences of the individual performances during training. Our results suggest that hard-to-get information plays a …
Persistent link: https://www.econbiz.de/10013130101