Showing 1 - 10 of 338
We develop new indices of skill and skill use, drawing on the alley of skill and skill-use questions in the Programme for the International Assessment of Adult Competencies (PIAAC). We demonstrate that the proposed skill and skill use indices explain the wage gap between males and females, as...
Persistent link: https://www.econbiz.de/10014030827
We (a) propose an implementable innovation index, (b) relate it to existing innovation definitions and (c) show whole …-economy and industry-specific results for the UK market sector, 2000-2005. Our innovation measure starts by observing that we … could get more GDP without innovation by simply duplicating existing physical capital and labour (e.g. adding a second …
Persistent link: https://www.econbiz.de/10012764658
Theoretical analyses of (optimal) performance measures are typically performed within therealm of the linear agency model. This model implies that, for a given compensation scheme,the agent's optimal effort is unrelated to the amount of noise in the performance measure...
Persistent link: https://www.econbiz.de/10005861675
their framework to consider measurement error due to the use of proxy/representative respondents. First, we document a … reduction in the gender gap can be smaller than what the estimates without taking into account the measurement error might … suggest. We conclude that a careful validation study would be necessary to ascertain the magnitude of the spurious measurement …
Persistent link: https://www.econbiz.de/10013129914
Recently, building on the highly polarizing Stiglitz report, a growing literature suggests that statistical offices and applied researchers explore other aspects of human welfare apart from material well-being, such as job security, crime, health, environmental factors and subjective...
Persistent link: https://www.econbiz.de/10013130791
This paper presents a comparative overview of mobility patterns in 14 Latin American countries between 1992 and 2003. Using three alternative econometric techniques on constructed pseudo-panels, the paper provides a set of estimators for the traditional notion of income mobility as well as for...
Persistent link: https://www.econbiz.de/10013130794
Audit studies testing for discrimination have been criticized because applicants from different groups may not appear identical to employers. Correspondence studies address this criticism by using fictitious paper applicants whose qualifications can be made identical across groups. However,...
Persistent link: https://www.econbiz.de/10013136716
consideration of two measurement issues that have typically been overlooked in the literature: the implications of the …
Persistent link: https://www.econbiz.de/10013117624
The importance of noncognitive childhood skills in predicting higher wages is well documented in economics. This paper studies the reverse. Using surveys of lottery winners, we analyze the effects of unearned income on the Big Five personality traits. After correcting for potential endogeneity...
Persistent link: https://www.econbiz.de/10013118044
Quantitative school performance measures (QPMs) are playing an ever larger role in education systems on both sides of the Atlantic. In this paper we outline the rationale for the use of such measures in education, review the literature relating to several important problems associated with their...
Persistent link: https://www.econbiz.de/10013121550