Showing 1 - 10 of 586
This paper presents empirical evidence that the intensity of research workers' incentives for the distinct tasks of basic and applied research are positively associated with each other. We relate this finding to the prediction of the theoretical literature that when effort is multi-dimensional,...
Persistent link: https://www.econbiz.de/10013232003
We study the joint impact of three measurement issues in the empirical literature on the labor share: (i) start and end …
Persistent link: https://www.econbiz.de/10012865266
We investigate the factors driving workers' decisions to generate public goods inside an organization through a randomized solicitation of workplace improvement proposals in a medical center with 1200 employees. We find that pecuniary incentives, such as winning a prize, generate a threefold...
Persistent link: https://www.econbiz.de/10012993841
Survey measures of preference parameters provide a means for accounting for otherwise unobserved heterogeneity.This paper presents measures of relative risk tolerance based on responses to survey questions about hypothetical gambles over lifetime income.It discusses how to impute estimates of...
Persistent link: https://www.econbiz.de/10013323489
Behavioral economics lacks empirical evidence on some foundational empirical questions. We adapt standard elicitation methods to measure multiple behavioral factors per person in a representative U.S. sample, along with financial condition, cognitive skills, financial literacy, classical...
Persistent link: https://www.econbiz.de/10012950844
We investigate the determinants of the fertility decline in Europe from 1830 to 1970 using a newly constructed dataset of linguistic distances between European regions. We find that the fertility decline resulted from a gradual diffusion of new fertility behavior from French-speaking regions to...
Persistent link: https://www.econbiz.de/10013224966
Despite robust growth in real per capita GDP over the last three decades, the U.S. poverty rate has changed very little. In an effort to better understand this disconnect, we document and quantify the relationship between poverty and four different factors that may affect poverty and its...
Persistent link: https://www.econbiz.de/10013225424
Economists have long been ambivalent about whether the discipline should focus on the analysis of markets or should be concerned with social interactions more generally. Recently the discipline has sought to broaden its scope while maintaining the rigor of modern economic analysis. Major...
Persistent link: https://www.econbiz.de/10013239146
overcome these challenges--with an emphasis on statistical measurement, identification, and casual inference. The essay then …
Persistent link: https://www.econbiz.de/10013071906
Using a new survey, we document high dispersion of marginal revenue products across firms in the European Union (EU). To interpret this dispersion, we develop a highly portable framework to quantify gains from better allocation of resources. We demonstrate that, apart from direct measures of...
Persistent link: https://www.econbiz.de/10012923711