Similar Search Results

Becker, Sascha O.; Hvide, Hans K. - 2013

In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of more than 500 entrepreneurs as a source of exogenous variation, and ask whether this variation can explain shifts in firm performance. Using longitudinal data, we find large and...

Persistent link: https://www.econbiz.de/10009691623

Evidence on the political principal-agent problem from voting on public finance for concert halls

Potrafke, Niklas - 2013

Principal-agent problems can arise when preferences of voters are not aligned with preferences of political representatives. Often the consequence of the political principal-agent problem is political catering to special interests. In this paper I provide examples of principal-agent problems...

Persistent link: https://www.econbiz.de/10009765038

Utilities included : split incentives in commercial electricity contracts

Jessoe, Katrina; Papineau, Maya; Rapson, David - 2019

This paper quantifies a tenant-side "split incentives" problem that exists when the largest commercial sector customers are on electricity-included property lease contracts causing them to face a marginal electricity price of zero. We use exogenous variation in weather shocks to show that the...

Persistent link: https://www.econbiz.de/10012031116

Dismissal disputes and endogenous sorting

Garibaldi, Pietro; Pfann, Gerard A. - 2015

endogenous sorting between lengthy and costly firing procedures. The model also rationalizes the longevity of the dual Dutch …

Persistent link: https://www.econbiz.de/10011288790

Intrinsic motivations of public sector employees : evidence for Germany

Dur, Robert A. J.; Zoutenbier, Robin - 2013

employees. A series of robustness checks show that these patterns are stronger among higher educated workers; that the sorting …

Persistent link: https://www.econbiz.de/10009752996

Fixed export costs and export behavior

Castro, Luis; Li, Ben; Maskus, Keith E.; Xie, Yiqing - 2014

, while those with higher productivity export more. These outcomes are the foundation of the widely-used sorting mechanism in …

Persistent link: https://www.econbiz.de/10010256719

Fighting for talent : risk-shifting, corporate volatility, and organizational change

Friebel, Guido; Giannetti, Mariassunta - 2002

In the nineties, average firm size decreased, organisations decentralized, and workers preferences shifted from large to small firms. Our model identifies the economic forces behind this trend. Small firms with little capital at risk are subject to risk-shifting. They realize more of their...

Persistent link: https://www.econbiz.de/10011539048

Selection in tournaments : the case of chess players

Linnemer, Laurent; Visser, Michael S. - 2015

We consider a simple tournament model in which individuals auto-select into the contest on the basis of their commonly known strength levels, and privately observed strength-shocks (reflecting temporary deviations from observed levels). The model predicts that the participation rate should...

Persistent link: https://www.econbiz.de/10010472714

Taxes in cities

Marius, Brülhart; Bucovetsky, Sam; Schmidheiny, Kurt - 2014

and empirical literatures, focusing in particular on models of asymmetric tax competition, of taxation and income sorting …

Persistent link: https://www.econbiz.de/10010396544

Search, screening and sorting

Cai, Xiaoming; Gautier, Pieter; Wolthoff, Ronald - 2021

We investigate the effect of search frictions on labor market sorting by constructing a model which is in line with … derive the necessary and sufficient conditions for sorting in applications as well as matches. We show that positive sorting … is obtained when production complementarities outweigh a force against sorting measured by a quality-quantity elasticity …

Persistent link: https://www.econbiz.de/10012581332