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We use the repeated random assignment of external examiners to school institutes in Italy to investigate whether the effect of external monitoring on test score manipulation persists over time. We find that this effect is still present in the tests taken one year after exposure to the examiners,...
Persistent link: https://www.econbiz.de/10012106802
This article presents a model of sequential decisions about investments in environmentally dirty and clean technologies, which extends the path-dependence framework of Arthur (1989). This allows us to evaluate if and how an economy locked into a dirty technology can be unlocked and move towards...
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economics: Studies about localized human capital externalities (HCE) and about the urban wage premium (UWP). After surveying the … externalities ; urban wage premium …
Persistent link: https://www.econbiz.de/10003716532
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This paper provides a novel microeconomic foundation for pecuniary human capital externalities in a labor market model …. -- Externalities ; human capital ; multiple equilibria …
Persistent link: https://www.econbiz.de/10003759894
selection. Building on their framework we demonstrate that externalities between agents - an agent's utility upon accepting a … when the size of the externalities is arbitrarily small. Our result highlights the degree of control a principal has over …
Persistent link: https://www.econbiz.de/10003831629
In this paper it is argued that subjective well-being of the individual depends on two types of variables. The first type consists of characteristics of the individual himself, such as age, health, income, etc. The second type of variables consists of the characteristics of the individuals...
Persistent link: https://www.econbiz.de/10003937883