Showing 1 - 10 of 52
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
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
monitors affects performance both directly and through the response to incentives. In collaboration with the government of … hierarchy.Institutional subscribers to the NBER working paper series, and residents of developing countries may download this …
Persistent link: https://www.econbiz.de/10012841922
Firms' decisions about which goods to produce are often made at a more disaggregate level than the data observed by empirical researchers. When products differ according to production technique or the way in which they enter demand, this data aggregation problem introduces a bias into standard...
Persistent link: https://www.econbiz.de/10013215721
This paper studies the forces which determine how diversity at a firm evolves over time. We consider a dynamic model o a single firm with two levels of employees, the entry level and the upper level. In each period, the firm selects a subset of the entry-level workers for promotion to the upper...
Persistent link: https://www.econbiz.de/10013235606
A fundamental problem entrepreneurs face in the formative stages of their businesses is how to provide incentives for employees to protect, rather than steal, the source of organizational rents. We study how the entrepreneur's response to this problem will determine the organization's internal...
Persistent link: https://www.econbiz.de/10013247198
The productivity of firms is, at least partly, determined by a firm’s actions and decisions. One of these decisions involves the organization of production in terms of the number of layers of management the firm decides to employ. Using detailed employer-employee matched data and firm...
Persistent link: https://www.econbiz.de/10013248564
and others in specialization. Our theory throws light on the nature of hierarchy, the optimal degree of decentralization …
Persistent link: https://www.econbiz.de/10013213065
If promotion in a hierarchy is based on a random signal of ability, rates of promotion will be affected by risk …-taking. Further, the numbers and abilities of risk-takers and non-risk-takers will be different at each stage of the hierarchy, and …
Persistent link: https://www.econbiz.de/10013246300
us an opportunity to investigate the political economy of administrative hierarchy. Using prefecture-level panel data and … exploiting regime changes during AD1000-2000, we find that gaining and losing importance in the political hierarchy led to the … rise and decline of different prefectures (measured by population density and urbanization). Moreover, political hierarchy …
Persistent link: https://www.econbiz.de/10013323032