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Hidden Action, Identification, and Organization Design
Schnedler, Wendelin - 2010
Incentives often fail in inducing economic agents to engage in a desirable activity; implementability is restricted. What restricts implementability? When does re-organization help to overcome this restriction? This paper shows that any restriction of implementability is caused by an...
Persistent link: https://www.econbiz.de/10013135820
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Task Difficulty, Performance Measure Characteristics, and the Trade-Off between Insurance and Well-Allocated Effort
Schnedler, Wendelin - 2021
When designing incentives for a manager, the trade-off between insurance and a "good" allocation of effort across various tasks is often identified with a trade-off between the responsiveness (sensitivity, precision, signal-noise ratio) of the performance measure and its similarity (congruity,...
Persistent link: https://www.econbiz.de/10013317592
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Mystery Shopping as a Strategic Management Practice in Multi-Site Firms
Block, Sidney; Friebel, Guido; Heinz, Matthias; … - 2022
Anonymous and unannounced site inspections known as "Mystery Shopping" (MS) are common in multi-site service firms, but little is known about the strategic importance of this practice. We conceptualize MS as a monitoring tool firms use to implement the optimal allocation of site resources...
Persistent link: https://www.econbiz.de/10014029927
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Baby-Boom, Baby-Bust and the Great Depression
Bellou, Andriana - 2014
The baby-boom and subsequent baby-bust have shaped much of the history of the second half of the 20th century; yet it is still largely unclear what caused them. This paper presents a new unified explanation of the fertility Boom-Bust that links the latter to the Great Depression and the...
Persistent link: https://www.econbiz.de/10013039578
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Does it Matter Who Responded to the Survey? Trends in the U.S. Gender Earnings Gap Revisited
Lee, Jungmin - 2011
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 … error effects …
Persistent link: https://www.econbiz.de/10013129914
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Is Earnings Nonresponse Ignorable?
Bollinger, Christopher R. - 2010
Earnings nonresponse in the Current Population Survey is roughly 30% in the monthly surveys and 20% in the annual March survey. Even if nonresponse is random, severe bias attaches to wage equation coefficient estimates on attributes not matched in the earnings imputation hot deck. If nonresponse...
Persistent link: https://www.econbiz.de/10013135391
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Empirical Strategies to Eliminate Life-Cycle Bias in the Intergenerational Elasticity of Earnings Literature
Stuhler, Jan - 2010
I argue that the empirical strategies for estimation of the intergenerational elasticity of lifetime earnings that are currently employed in the literature might not eliminate bias arising from life-cycle effects. Specifically, I demonstrate that procedures based on the generalized...
Persistent link: https://www.econbiz.de/10013136780
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The Elephant in the Corner : A Cautionary Tale About Measurement Error in Treatment Effects Models
Millimet, Daniel L. - 2010
- when measurement error is present. In this study, the performance of several estimators that require the conditional …-generating process is such that conditional independence holds with the 'real' data. However, measurement error is then introduced …. Specifically, three types of measurement error are considered: (i) errors in treatment assignment, (ii) errors in the outcome, and …
Persistent link: https://www.econbiz.de/10013138739
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Child Mental Health and Educational Attainment : Multiple Observers and the Measurement Error Problem
Johnston, David W. - 2011
We examine the effect of survey measurement error on the empirical relationship between child mental health and …
Persistent link: https://www.econbiz.de/10013121757
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Heterogeneous Income Profiles and Life-Cycle Bias in Intergenerational Mobility Estimation
Nybom, Martin - 2011
and find that the remaining bias is substantial (20% of the true elasticity from left-side measurement error at the most …
Persistent link: https://www.econbiz.de/10013125141