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Getting lucky : the long-term consequences of exam luck
Landaud, Fanny; Maurin, Eric; Willage, Barton; Willén, … - 2022
This paper studies the impact of exam luck on individuals’ education and labor market success. We leverage unique features of the Norwegian education system that produce random variation in the content of the exams taken by students at the end of high school. Lucky students take exams in...
Persistent link: https://www.econbiz.de/10012817815
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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
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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
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Cognitive skills among adults : an impeding factor for gender convergence?
Battisti, Michele; Fedorets, Alexandra; Kinne, Lavinia - 2023
While gender differences in labor force participation and wages have been studied extensively, gender gaps in cognitive skills among adults are not yet well understood. Using the PIAAC dataset, this paper presents novel findings on cognitive skill distributions by gender across 34 countries....
Persistent link: https://www.econbiz.de/10014280149
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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
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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
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Heterogeneous effects of capital-embodied innovation on labor market
Park, Hyejin; Shim, Younghun - 2024
This paper develops an occupation-level measure of Capital-Embodied Innovation (CEI) by matching patents with capital …
Persistent link: https://www.econbiz.de/10014507782
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Bureaucratic frictions and innovation procurement
Giuffrida, Leonardo M.; Raiteri, Emilio - 2023
US federal agency, we investigate how officer workload impacts innovation procurement outcomes. Unanticipated retirement …
Persistent link: https://www.econbiz.de/10014431269
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Optimal student loans and graduate tax under moral hazard and adverse selection
Gary-Bobo, Robert; Trannoy, Alain - 2013
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
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Dynastic human capital, inequality and intergenerational mobility
Adermon, Adrian; Lindahl, Mikael; Palme, Mårten - 2019
We study the importance of the extended family - the dynasty - for the persistence in inequality across generations. We use data including the entire Swedish population, linking four generations. This data structure enables us to identify parents' siblings and cousins, their spouses, and the...
Persistent link: https://www.econbiz.de/10012001644