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Opportunity and inequality across generations

Koeniger, Winfried; Zanella, Carlo - 2020

We analyze inequality and mobility across generations in a dynastic economy. Nurture, in terms of bequests and the schooling investment into the next generation, is observable but the draw of nature in terms of ability is hidden, stochastic and persistent across generations. We calibrate the...

Persistent link: https://www.econbiz.de/10012166025

Socio-economic gaps in university enrollment : the role of perceived pecuniary and non-pecuniary returns

Boneva, Teodora; Rauh, Christopher - 2017

To understand the socio-economic enrollment gap in university attendance, we elicit students’ beliefs about the benefits of university education in a sample of 2,540 secondary school students. Our choice model estimates reveal that perceived non-pecuniary benefits explain a large share of the...

Persistent link: https://www.econbiz.de/10011757767

Productivity and organization in Portuguese firms

Caliendo, Lorenzo; Mion, Giordano; Opromolla, Luca David; … - 2015

The productivity of firms is, at least partly, determined by a firm's actions and decisions. One of these decisions involves the organization of production in terms of the number of layers of management the firm decides to employ. Using detailed employer-employee matched data and firm production...

Persistent link: https://www.econbiz.de/10011406796

Incentives and creativity in groups

Ramm, Joachim; Tjøtta, Sigve; Torsvik, Gaute - 2013

It has been argued that monetary incentives restrain individual creativity and hamper performance in jobs requiring out of the box thinking. This paper reports from an experiment designed to test if the negative incentive effect is present also when individuals work together to solve such...

Persistent link: https://www.econbiz.de/10009786022

Firm-level human capital and innovation : evidence from China

Sun, Xiuli; Li, Haizheng; Ghosal, Vivek - 2017

Understanding the factors that may produce a sustained rate of innovation is important for promoting economic … development and growth. In this paper, we examine the role of human capital in firms' innovation by using a large sample of … small and medium sized cities. Patent applications are used as the measure of innovation. Human capital indicators used …

Persistent link: https://www.econbiz.de/10011615502