Showing 1 - 10 of 1,655
Hierarchies allow individuals to leverage their knowledge through others' time. This mechanism increases productivity … and organization of U.S. lawyers and use the equilibrium model of knowledge hierarchies in Garicano and Rossi …, increasing the ratio between the 95th and 50th percentiles from 3.7 to 4.8. We conclude that the impact of hierarchy on …
Persistent link: https://www.econbiz.de/10012760468
thousands of law offices from the 1992 Census of Services. The driving force in the model is increasing returns in the … utilization of acquired knowledge. We show how the equilibrium assignment of individuals to hierarchical positions varies with the …
Persistent link: https://www.econbiz.de/10014072174
Using a detailed database of managerial job descriptions, reporting relationships, and compensation structures in over 300 large U.S. firms, we find that firm hierarchies are becoming flatter. The number of positions reporting directly to the CEO has gone up significantly over time while the...
Persistent link: https://www.econbiz.de/10013230962
We use a comprehensive dataset of French manufacturing firms to study their internal organization. We first divide the employees of each firm into `layers' using occupational categories. Layers are hierarchical in that the typical worker in a higher layer earns more, and the typical firm...
Persistent link: https://www.econbiz.de/10013065756
in inequality. We first show that earnings inequality among lawyers increased substantially between 1977 and 1992, and … partner's skill by about 30% more in 1992 than 1977. We find also that changes in lawyers' hierarchical organization account …
Persistent link: https://www.econbiz.de/10012764834
We model a procedural reform aimed at restoring a proper role for the minority in the confirmation process of judicial nominations in the U.S. Senate. We analyze a proposal that would call for nominations to the same level court to be collected in periodic lists and voted upon individually with...
Persistent link: https://www.econbiz.de/10013047407
This paper develops a new test for identifying racial bias in the context of bail decisions – a high-stakes setting with large disparities between white and black defendants. We motivate our analysis using Becker's (1957) model of racial bias, which predicts that rates of pre-trial misconduct...
Persistent link: https://www.econbiz.de/10011685451
Anecdotal evidence often points to aging as a cause for reduced work performance. This paper provides empirical evidence on this issue in a context where performance is measurable and there is variation in mandatory retirement policies: U.S. state supreme courts. We find that introducing...
Persistent link: https://www.econbiz.de/10014091105
Many goods and services can be readily provided through a series of unconnected transactions, but in health care close coordination over time and within care episodes improves both health outcomes and efficiency. Close coordination is problematic in the US health care system because the...
Persistent link: https://www.econbiz.de/10012766288
Firms facing complex objectives often decompose the problems they face, delegating different parts of the decision to distinct sub-units. Using comprehensive data and internal models from a large U.S. airline, we establish that airline pricing is not well approximated by a model of the firm as a...
Persistent link: https://www.econbiz.de/10014347042