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This note provides a useful property of the Allen-Uzawa partials for the translog cost function. It also suggests how the main results extend to any functional form with certain properties. The curvature of the Allen-Uzawa matrix is the same as the curvature of the Hessian matrix. Intuitively...
Persistent link: https://www.econbiz.de/10013317143
We provide a tractable model of motivational goal bracketing by a present-biased individual, extending previous work to show that the main insights from models with rational goals carry over to a setting with non-rational goals. Goals motivate because they serve as reference points that make...
Persistent link: https://www.econbiz.de/10013244262
The central vs. local nature of high-school exit exam systems can have important repercussions on the labor market. By increasing the informational content of grades, central exams may improve the sorting of students by productivity. To test this, we exploit the unique German setting where...
Persistent link: https://www.econbiz.de/10013016372
differences with respect to firm size, deviations from marginal productivity theory generally seem limited. Our results have …
Persistent link: https://www.econbiz.de/10013118056
In this paper we utilise microsimulation techniques in the form of an income generation model and a tax/benefit model to estimate both the fiscal and net private return to education at a marginal level. This is carried out empirically using Irish data across the period 1987-2005 and is the first...
Persistent link: https://www.econbiz.de/10013126932
Economic theory predicts that agents will work harder if they believe in the "mission" of the organization. Well …
Persistent link: https://www.econbiz.de/10013076153
Researchers make hundreds of decisions about data collection, preparation, and analysis in their research. We use a many-analysts approach to measure the extent and impact of these decisions. Two published causal empirical results are replicated by seven replicators each. We find large...
Persistent link: https://www.econbiz.de/10012833890
The Dunning–Kruger effect states that low performers vastly overestimate their performance while high performers more accurately assess their performance. Researchers usually interpret this empirical pattern as evidence that the low skilled are vastly overconfident while the high skilled are...
Persistent link: https://www.econbiz.de/10012960278
This work contributes to the literature raising concerns with the use of SET (student teaching evaluation) scores to evaluate teaching effectiveness and to motivate or demotivate faculty tenure and promotion decisions. It shows that the non-deterministic and qualitative nature of the SETs...
Persistent link: https://www.econbiz.de/10012825011
Student Evaluations of Teaching (SET) are subjective measures of student satisfaction that are often used to assess teaching quality. In this paper, we show that heterogeneity in students' reporting styles challenges SET validity. Using administrative data that allow us to track all evaluations...
Persistent link: https://www.econbiz.de/10012826244