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Expatriate managers : effects on firm performance
Koren, Miklós; Telegdy, Álmos - 2024
Using a novel Hungarian dataset on firms and their Chief Executive Officers (CEOs), we estimate the impact of hiring expatriate CEOs. By examining foreign acquisitions where the new owner replaces the incumbent CEO with an expatriate or a local CEO, we address the selection into both acquisition...
Persistent link: https://www.econbiz.de/10014556622
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Behavioral New Keynesian models : learning vs. cognitive discounting
Meggiorini, Greta; Milani, Fabio - 2021
infinite-horizon learning, and subjective expectations with Euler-equation learning. Under rational expectations, the model … necessitates of large, possibly unrealistically so, degrees of myopia. The same result persists under infinite-horizon learning …, given that agents are still remarkably far-sighted. But, under Euler-equation learning, the model can fit the data with only …
Persistent link: https://www.econbiz.de/10012509319
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Do male managers increase risk-taking of female teams? : evidence from the NCAA
Böheim, René; Freudenthaler, Christoph; Lackner, Mario - 2019
We analyze the effect of the coach's gender on risk-taking in women sports teams using data taken from National Collegiate Athletic Association (NCAA) basketball games. We find that the coach's gender has a sizable and significant effect on risk-taking, a finding that is robust to several...
Persistent link: https://www.econbiz.de/10011977094
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Private provision of public goods and information diffusion in social groups
Scharf, Kimberley Ann - 2013 - This version: June 2013
We describe a dynamic model of costly information sharing, where private information affecting collective-value actions is transmitted by social proximity. Individuals make voluntary contributions towards the provision of a pure public good, and information transmission about quality of...
Persistent link: https://www.econbiz.de/10010212674
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Social interactions, mechanisms, and equilibrium : evidence from a model of study time and academic achievement
Conley, Timothy G.; Mehta, Nirav; Stinebrickner, Ralph; … - 2018
We develop and estimate a model of student study time on a social network. The model is designed to exploit unique data collected in the Berea Panel Study. Study time data allow us to quantify an intuitive mechanism for academic social interactions: own study time may depend on friend study time...
Persistent link: https://www.econbiz.de/10011794843
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Learning and the value of relationships in international trade
Monarch, Ryan; Schmidt-Eisenlohr, Tim - 2016
-term relationships were more resilient in the 2008/9 financial crisis. Based on these findings, we present a model of importer learning …
Persistent link: https://www.econbiz.de/10011417707
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Competition for the international pool of talent : education policy and student mobility
Haupt, Alexander; Krieger, Tim; Lange, Thomas - 2011
This paper presents a model of two countries competing for a pool of students from the rest of the world (ROW). In equilibrium, one country offers high educational quality for high tuition fees, while the other country provides a low quality and charges low fees. The quality in the high quality...
Persistent link: https://www.econbiz.de/10009011762
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Student and worker mobility under university and government competition
Delpierre, Matthieu; Verheyden, Bertrand - 2011
We provide a normative analysis of endogenous student and worker mobility in the presence of diverging interests between universities and governments. Student mobility generates a university competition effect which induces them to overinvest in education, whereas worker mobility generates a...
Persistent link: https://www.econbiz.de/10009011793
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The determinants of international mobility of students
Beine, Michel; Noël, Romain; Ragot, Lionel - 2012
This paper analyzes the determinants of the choice of location of international students. Building on the documented trends in international migration of students, we develop a small theoretical model allowing to identify the various factors associated to the attraction of migrants as well as...
Persistent link: https://www.econbiz.de/10009570697
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The political economics of higher education finance for mobile individuals
Borck, Rainald; Übelmesser, Silke; Wimbersky, Martin - 2012
We study voting over higher education finance in an economy with two regions and two separated labor markets. Households differ in their financial endowment and their children's ability. Non-students are immobile. Students decide where to study; they return home after graduation with exogenous...
Persistent link: https://www.econbiz.de/10009571122