Showing 1 - 10 of 137
"Longtermism" is the view that the impacts of our actions on the very long-term future deserve prominent consideration in decision-making. We discuss the primary barrier that prevents academic economists from contributing to longtermist research: an overly rigid preference for methodological...
Persistent link: https://www.econbiz.de/10013473654
This study replicates and challenges the finding of zero wage returns to compulsory schooling in Germany by Pischke and von Wachter (Review of Economics and Statistics, 90(3), 592-598), which is unusual in the literature yet widely cited and until now uncontradicted. I document that this finding...
Persistent link: https://www.econbiz.de/10012547022
The structure of a multinational firm, that is how its affiliates relate to one another, is critical for understanding where multinationals locate, how policy affects them, and their resilience to localized shocks. Here, we review the two main structures: horizontal investments which replicate...
Persistent link: https://www.econbiz.de/10012174819
: journal-based replication, in which the publishing journal contracts for a replication between acceptance and publication. We … discuss what we learned from a proof-of-concept journal-based replication at the Journal of Public Economics. Our experience … indicates that journal-based replication would be relatively straightforward to implement for laboratory experiments. …
Persistent link: https://www.econbiz.de/10012123043
This paper replicates Poole (2013) using comprehensive Norwegian and Irish register data. Our results largely confirm the evidence documented in Poole for Brazil which suggests that when workers leave multinationals and are rehired at domestic establishments, the wages of their new coworkers who...
Persistent link: https://www.econbiz.de/10014364729
It has been argued that monetary incentives restrain individual creativity and hamper performance in jobs requiring out … also when individuals work together to solve such problems. We do not find a negative impact of incentives on group … performance. As a comparison we ran the same experiment (the Candle Problem) with and without incentives for individuals as well …
Persistent link: https://www.econbiz.de/10009786022
incentives to implement such a trigger? We construct a theoretical model of a bank that is financed with debt and equity, and a …. However, we show that the board may implement a contract with insufficient incentives to communicate a warning, as refinancing …
Persistent link: https://www.econbiz.de/10010467356
In this paper, foreign aid transfers can distort individual incentives, and hence hurt growth, by encouraging rent …
Persistent link: https://www.econbiz.de/10011402546
&D cooperation. This paper explores this idea by analysing on the one hand the incentives for EU, Japan and Russia to adopt this … strategy, and on the other hand the incentives for the US to join a coalition which cooperates both on climate change control … and R&D) will be examined from the view point of countries profitability and free-riding incentives. Finally, after having …
Persistent link: https://www.econbiz.de/10011409394
During the last two decades economists have made much progress in understanding incentives, contracts and organisations … effects of incentives. Economists may fail to understand the levels and the changes in behaviour if they neglect motives like … the desire to reciprocate or the desire to avoid social disapproval. We show that monetary incentives may backfire and …
Persistent link: https://www.econbiz.de/10011409795