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Corporate Efficiency, Credit Status and Investment

Quader, Manzur - 2014

switching regression models (SRM) incorporating a predicted corporate efficiency index are estimated in this paper in an effort …'s constrained credit status changes with the improvement of its efficiency. The results further reveal that financially constrained … related with corporate efficiency. These results point to the fact that high investment sensitivity to cash flow may not be …

Persistent link: https://www.econbiz.de/10013051438

The Three I's of Public Schools : Irrelevant Inputs, Insufficient Resources and Inefficiency

Henderson, Daniel J. - 2016

We examine the educational production function and efficiency of public school districts in Illinois. Using … related) differs substantially from our efficiency scores, and standard parametric approaches drastically underestimate school … efficiency. We discuss the policy implications of our results …

Persistent link: https://www.econbiz.de/10012985685

(In)Efficiency of Employment Offices : A Study on Welfare Benefits Determination – Is There a Trade-Off between Time Saving Case Management and Quality of Decisions?

Dyballa, Katharina - 2020

This study investigates the efficiency of the process of benefit determination for welfare recipients in Germany. A … stochastic frontier analysis is used to compute (in)efficiency of Jobcenter (employment offices) in terms of average processing … considered by analyzing the share of upheld opposition because of misapplication of the laws. No effect of the (in)efficiency …

Persistent link: https://www.econbiz.de/10012829935

Analyzing Cost Efficient Production Behavior Under Economies of Scope : A Nonparametric Methodology

Cherchye, L. - 2006

. We illustrate our methodology by examining the cost efficiency of research programs in Economics and Business Management … cost efficiency differences between universities within specific specialization areas, even when using shadow prices to …

Persistent link: https://www.econbiz.de/10012779393

Understanding Pareto Inefficient Intrahousehold Allocations

Akresh, Richard - 2005

Udry (1996) uses household survey data and finds that the allocation of resources within households is Pareto inefficient, contradicting the main assumption of most collective models of intrahousehold bargaining. He finds that among plots planted with the same crop in the same year, within a...

Persistent link: https://www.econbiz.de/10012784076

Checkerboards and Coase : Transactions Costs and Efficiency in Land Markets

Akee, Randall - 2021

The Coase theorem emphasizes the role transactions costs play in efficient market outcomes. We document inefficient outcomes, in the presence of a transactions cost, in southern California land markets and the corresponding transition to efficient outcomes after the transactions cost is...

Persistent link: https://www.econbiz.de/10013317335

Prison Rehabilitation Programs : Efficiency and Targeting

Arbour, William; Lacroix, Guy; Marchand, Steeve - 2021

Increasing evidence suggests that incarceration, under certain circumstances, can improve inmates' social reintegration upon release. Yet, the mechanisms through which incarceration can lead to successful rehabilitation remain largely unknown. This paper finds that participation in social...

Persistent link: https://www.econbiz.de/10013251535

Efficient and Inefficient Welfare States

Algan, Yann - 2011

This paper shows that cross country differences in the generosity and the quality of the welfare state are associated with differences in the trustworthiness of their citizens. We show that generous, transparent and efficient welfare states in Scandinavian countries are based on the civicness of...

Persistent link: https://www.econbiz.de/10013131158

Minimum Wages and Insurance within the Firm

Adamopoulou, Effrosyni; Manaresi, Francesco; Rachedi, Omar - 2022

Minimum wages alter the allocation of firm-idiosyncratic risk across workers. To establish this result, we focus on Italy, and leverage employer-employee data matched to firm balance sheets and hand-collected wage floors. We find a relatively larger pass-through of firm-specific labor-demand...

Persistent link: https://www.econbiz.de/10014083969

Turning Relative Deprivation into a Performance Incentive Device

Stark, Oded; Kosiorowski, Grzegorz - 2021

The inclination of individuals to improve their performance when it lags behind that of others with whom they naturally compare themselves can be harnessed to optimize the individuals' effort in work and study. In a given set of individuals, we characterize each individual by his relative...

Persistent link: https://www.econbiz.de/10013250257