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Credibility and transparency of Central Banks : new results based on Ifo s world economicy survey

Hamella, Sandra; Haan, Jakob de - 2004

This paper reports the results of a survey among private sector economists about credibility and transparency of … Survey to answer questions on the importance and determinants of credibility. The results of both surveys are very comparable …. Credibility is considered to be important to attain price stability at low cost, while the best ways to earn credibility are a …

Persistent link: https://www.econbiz.de/10011399168

An experimental study on the effects of communication, credibility, and clustering in network games

Charness, Gary; Feri, Francesco; Meléndez-Jiménez, … - 2019

ineffective. We can rationalize this result with a novel model about the credibility of cheap-talk messages. This credibility is … credibility and show, both theoretically and experimentally, an interaction effect of network structure and communication …

Persistent link: https://www.econbiz.de/10012024395

On credibility and causality in economics : a critical appraisal

Bergh, Andreas; Wichardt, Philipp C. - 2024 - This version: July 9, 2024

to the credibility revolution) tends to put too much emphasis on internal aspects related solely to the study itself. To …

Persistent link: https://www.econbiz.de/10014632289

Managerial versus production wages : offshoring, country size and endowments

Benz, Sebastian; Kohler, Wilhelm - 2010

In this paper, we explore the role of trade in differentiated final goods as well offshoring of tasks for inequality both within and between countries. We emphasize the distinction between managerial and production labor. Production labor is assumed to be a variable input composed of tradable...

Persistent link: https://www.econbiz.de/10009156628

Multitasking and wages

Görlich, Dennis; Snower, Dennis J. - 2013

This paper sheds light on how changes in the organization of work can help to understand increasing wage inequality. We present a theoretical model in which workers with a wider span of competence (higher level of multitasking) earn a wage premium. Since abilities and opportunities to expand the...

Persistent link: https://www.econbiz.de/10009765032

Testing the theory of multitasking : evidence from a natural field experiment in Chinese factories

Hong, Fuhai; Hossain, Tanjim; List, John A.; Tanaka, Migiwa - 2013

A well-recognized problem in the multitasking literature is that workers might substantially reduce their effort on tasks that produce unobservable outputs as they seek the salient rewards to observable outputs. Since the theory related to multitasking is decades ahead of the empirical evidence,...

Persistent link: https://www.econbiz.de/10010223046

Trade and tasks : an exploration over three decades in Germany

Becker, Sascha O.; Muendler, Marc-Andreas - 2014

This paper combines representative worker-level data that cover time-varying job-level task characteristics of an economy over a long time span with sector-level bilateral trade data for merchandize and services. We carefully create longitudinally consistent workplace characteristics from the...

Persistent link: https://www.econbiz.de/10010464704

The demand for executive skills

Hansen, Stephen; Ramdas, Tejas; Sadun, Raffaella; … - 2021

We use a unique corpus of job descriptions for C-suite positions to document skills requirements in top managerial occupations across a large sample of firms. A novel algorithm maps the text of each executive search into six separate skill clusters reflecting cognitive, interpersonal, and...

Persistent link: https://www.econbiz.de/10012547093

Can the labor demand curve explain job polarization?

Peichl, Andreas; Popp, Martin - 2022

In recent decades, many industrialized economies have witnessed a pattern of job polarization. While shifts in labor demand, namely routinization or offshoring, constitute conventional explanations for job polarization, there is little research on whether shifts in labor supply along the labor...

Persistent link: https://www.econbiz.de/10013255962

Overwhelmed by routine tasks : a multi-tasking principal agent perspective

Demougin, Dominique; Helm, Carsten - 2022

We analyze a multitasking model with a verifiable routine task and a skill-dependent activity characterized by moral hazard. Contracts negotiated by firm/employee pairs follow from Nash bargaining. High- and low-skilled employees specialize, intermediate productivity employees perform both...

Persistent link: https://www.econbiz.de/10013201713