Showing 1 - 10 of 165
People use information about their ability to choose tasks. If more challenging tasks provide more accurate information about ability, people who care about and who are risk averse over their perception of their own ability will choose tasks that are not sufficiently challenging. Overestimation...
Persistent link: https://www.econbiz.de/10010269111
Employers structure pay and employment relationships to mitigate agency problems. A large literature in economics documents how the resolution of these problems shapes personnel policies and labor markets. For the most part, the study of agency in employment relationships relies on highly...
Persistent link: https://www.econbiz.de/10010272684
The public finance literature demonstrates the equivalence between consumption and laborincome (wage) taxes. We introduce an experimental paradigm in which individuals make real labor-leisure choices and spend their earned income on real goods. We use this paradigm to test whether a labor-income...
Persistent link: https://www.econbiz.de/10010274549
This paper reviews the problems and potential benefits of integrating personality psychology into economics. Economists have much to learn from and contribute to personality psychology.
Persistent link: https://www.econbiz.de/10010280682
This survey summarizes the classical fundamentals of modern deterrence theory, covers major theoretical and empirical findings on the impact of certainty and severity of punishment (and the interplay thereof) as well as underlying methodological problems, gives an overview of limitations and...
Persistent link: https://www.econbiz.de/10010282501
This paper contrasts measures of teacher effectiveness with the students' evaluations for the same teachers using … in follow-on coursework of students who are randomly assigned to teachers in each of their compulsory courses. We find … material, teachers still matter substantially. The average difference in subsequent performance between students who were …
Persistent link: https://www.econbiz.de/10010278317
Non-compliance of firms with tax regulations is a major constraint on state capacity in developing countries. We focus on an arguably under-appreciated dimension of non-compliance: under-reporting of wages by formal firms to evade payroll taxes. We develop a simple partial-equilibrium model of...
Persistent link: https://www.econbiz.de/10010329189
Based on the hypothesis that microdata are of crucial importance for internationally competitive economic research and scientific advice in economic and social policy, the authors develop various proposals for an improved data supply for empirical work in Germany. Present shortcomings are mainly...
Persistent link: https://www.econbiz.de/10010262260
International migration of people is a momentous and complex phenomenon. Research on its causes and consequences, requires sufficient data. While some datasets are available, the nature of migration complicates their scientific use. Virtually no existing dataset captures international migration...
Persistent link: https://www.econbiz.de/10010269198
In a randomized control trial, the precision of an average treatment effect estimator can be improved either by collecting data on additional individuals, or by collecting additional covariates that predict the outcome variable. We propose the use of pre-experimental data such as a census, or a...
Persistent link: https://www.econbiz.de/10011494280