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principal chooses a permissible action set as a function of the audit decision and result. We show that if the audit cost is … instead prefer auditing only intermediate actions. However, if the principal cannot commit to inefficient allocations … following the audit decision and result, TEC is always optimal. Our results provide a theoretical foundation for the use of TEC …
Persistent link: https://www.econbiz.de/10012977283
This paper examines a schooling expansion in Romania which increased educational attainment for successive cohorts born …
Persistent link: https://www.econbiz.de/10012927016
This paper explores whether conditions during early childhood affect the productivity of later human capital investments. We use Romanian administrative data to ask if the benefit of access to better schools is larger for children who experienced better family environments because their parents...
Persistent link: https://www.econbiz.de/10012995984
This paper examines the relative benefits of general education and vocational training in Romania, a country which …
Persistent link: https://www.econbiz.de/10012758605
outcomes. We collected survey data from households who participated in a unique government program in Romania which allocated …
Persistent link: https://www.econbiz.de/10013146941
. This paper exploits an educational reform in Romania to examine the impact of postponing tracking on the proportion of …
Persistent link: https://www.econbiz.de/10013127752
Persistent link: https://www.econbiz.de/10013127753
. For the first task, we exploit almost 2,000 regression discontinuity quasi-experiments observed in the context of Romania …
Persistent link: https://www.econbiz.de/10013128273
, Ecuador, Romania and Ukraine. We show that because default and restructuring are so painful and costly, it is simply not time …
Persistent link: https://www.econbiz.de/10013225811
This paper examines the roles that information and preferences play in determining whether households choose schools with high value added. We study Romanian school markets using administrative data, a survey, and an experiment. The administrative data show that, on average, households could...
Persistent link: https://www.econbiz.de/10014089826