Showing 1 - 10 of 243
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
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
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
In this study, I provide evidence that the educational achievement of second-generation immigrants in German-speaking Switzerland is greater than in Germany. The impact of the first-generation immigrants' destination decision on their offspring's educational achievement seems to be much more...
Persistent link: https://www.econbiz.de/10010418137
To investigate the effects of reducing the intensity of tracking, this study exploits reforms across German states which combined the two lower secondary school tracks, sometimes additionally offering the possibility to acquire a university entrance qualification. Using a...
Persistent link: https://www.econbiz.de/10012599122
This paper studies the effect of longer school days - induced by voluntary all-day programs in German primary schools - on school performance. We combine data from the National Educational Panel Study covering 5771 primary school students with municipality-level information on all-day school...
Persistent link: https://www.econbiz.de/10012299552