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Social Experiments and Instrumental Variables with Duration Outcomes

Abbring, Jaap H.; van den Berg, Gerard J. - 2005

This paper examines the empirical analysis of treatment effects on duration outcomes from data that contain instrumental variation. We focus on social experiments in which an intention to treat is randomized and compliance may be imperfect. We distinguish between cases where the treatment starts...

Persistent link: https://www.econbiz.de/10010325158

Decomposing the Gender Wage Gap in the Netherlands with Sample Selection Adjustments

Albrecht, James; van Vuuren, Aico; Vroman, Susan - 2004

selection is a serious issue. In addition to shedding light onthe sources of the gender gap in the Netherlands, we make two … simulate. Second, we show how the technique can be extended toaccount for selection.We find that there is a positive selection … time. We find that about two-thirds of this selection isdue to observables such as education and experience with the …

Persistent link: https://www.econbiz.de/10010325227

Evaluation Problem versus Selection Problem in Organizational Structures

Ficco, Stefano; Karamychev, Vladimir - 2005

We consider a hierarchical organization with two fully rational agents. The goal of the organization is that of selecting the best alternative out of several available, and agents are heterogenous in the accuracy with which they screen the alternatives. We show that, if internal communications...

Persistent link: https://www.econbiz.de/10010325236

Disciplining and Screening Top Executives

Martinez, Silvia Dominguez; Swank, Otto H.; Visser, Bauke - 2006

Boards of directors face the twin task of disciplining and screening executives. To perform these tasks directors do not have detailed information about executives' behaviour, and only infrequently have information about the success or failure of initiated strategies, reorganizations, mergers...

Persistent link: https://www.econbiz.de/10010325378

Better Safe than Sorry? Ex Ante and Ex Post Moral Hazard in Dynamic Insurance Data

Abbring, Jaap; Chiappori, Pierre-André; Zavadil, Tibor - 2008

This paper empirically analyzes moral hazard in car insurance using a dynamic theory of an insuree's dynamic risk (ex ante moral hazard) and claim (ex post moral hazard) choices and Dutch longitudinal micro data. We use the theory to characterize the heterogeneous dynamic changes in incentives...

Persistent link: https://www.econbiz.de/10010325921

Self-employment and Health: Barriers or Benefits?

Rietveld, Cornelius A.; van Kippersluis, Hans; Thurik, … - 2013

health-related selection of individuals into self-employment (barrier effect). Our main finding is that the selection of …

Persistent link: https://www.econbiz.de/10010326168

An Experimental Study of Credible Deviations and ACDC

de Groot Ruiz, Adrian; Offerman, Theo; Onderstal, Sander - 2011

We test the Average Credible Deviation Criterion (ACDC), a stability measure and refinement for cheap talk equilibria introduced in De Groot Ruiz, Offerman & Onderstal (2011b). ACDC has been shown to be predictive under general conditions and to organize data well in previous experiments meant...

Persistent link: https://www.econbiz.de/10010326221

On the Merits of Meritocracy

Morgan, John; Sisak, Dana; Vardy, Felix - 2012

We study career choice when competition for promotion is a contest. A more meritocratic profession always succeeds in attracting the highest ability types, whereas a profession with superior promotion benefits attracts high types only if the hazard rate of the noise in performance evaluation is...

Persistent link: https://www.econbiz.de/10010326280

Quantifying Productivity Gains from Foreign Investment

Fons-Rosen, Christian; Kalemli-Ozcan, Sebnem; Sorensen, … - 2013

We quantify the causal effect of foreign investment on total factor productivity (TFP) using a new global firm-level database. Our identification strategy relies on exploiting the difference in the amount of foreign investment by financial and industrial investors and simultaneously controlling...

Persistent link: https://www.econbiz.de/10010326288

Foreign Investment and Domestic Productivity: Identifying Knowledge Spillovers and Competition Effects

Fons-Rosen, Christian; Kalemli-Ozcan, Sebnem; Sorensen, … - 2017

We study the impact of foreign direct investment (FDI) on total factor productivity (TFP) of domestic firms using a new, representative firm-level data set spanning six countries. A novel finding is that firm-level spillovers from foreign firms to domestic companies can be significantly...

Persistent link: https://www.econbiz.de/10011819471