Showing 1 - 10 of 254
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
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
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
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
Based on an established theoretical framework of the drivers of inventive performance, the so-called KSAO (Knowledge …
Persistent link: https://www.econbiz.de/10011381965
This paper develops an occupation-level measure of Capital-Embodied Innovation (CEI) by matching patents with capital …
Persistent link: https://www.econbiz.de/10014507782
US federal agency, we investigate how officer workload impacts innovation procurement outcomes. Unanticipated retirement …
Persistent link: https://www.econbiz.de/10014431269
This paper provides a labour supply explanation to the observation that in Germany employment changes are asymmetric during the business cycle. Employment increases are slower, because the reservation wage of workers increases in times of job uncertainty. Workers are afraid in those periods of...
Persistent link: https://www.econbiz.de/10011442671
these issues empirically, based on a harmonized survey of innovation activities of more than 1,800 firms located in Portugal …International knowledge spillovers, especially through multinational companies (MNCs), have recently been a major topic … of discussion among academics and practitioners. Most research in this field focuses on knowledge sharing activities of …
Persistent link: https://www.econbiz.de/10003721781
We completely characterize the set of second-best optimal "menus" of student-loan contracts in a simple economy with risky labour-market outcomes, adverse selection, moral hazard and risk aversion. The model combines structured student loans and an elementary optimal income-tax problem à la...
Persistent link: https://www.econbiz.de/10009754597