to forgo the potentially valuable private information of their managers. We study the introduction of job testing across … 15 firms employing low-skilled service sector workers. When faced with similar applicant pools, we find that managers who … appear to hire against test recommendations end up with worse average hires. This suggests that managers often overrule test …

they may further expand the size of bureaucracy so as to gain additional votes. The model shows that an equilibrium with an …

) and civil society (representing non-elite citizens), where both players can invest to increase their power. The model …

We argue that China, with its long history, a relatively stable political system, and multiple regime changes, provides …

due to an increase in public employment? We argue that China, with its long history, a centralized political system, and …

individual has been a member of an elite team than when he has been a member of lower level teams. The conclusion is borne out by … who joined elite teams after an exogenous shift in the number of foreign players participating on top club teams …, performance of players on national teams in the year just before and the year just after they join an elite club team, and …

This paper begins the task of explaining why the American business elite has remained white, male and mostly native … that this demographic group makes the best business managers. I suggest that this in turn is not because they are …

This paper replicates a classic study of the American business elite. The older study done a half-century ago, reported … the composition of the" American business elite has changed. As in the earlier study, the business elite is compared to a …" sample of political leaders. I find that democratization of the business elite has progressed only" slightly in the past …