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The Efficacy of Parochial Politics : Caste, Commitment, and Competence in Indian Local Governments
Munshi, Kaivan D. - 2010
with superior observed characteristics and with greater public good provision. This improvement in leadership competence …
Persistent link: https://www.econbiz.de/10012758392
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A Corporate Beauty Contest
Graham, John R. - 2010
that executive compensation is linked to these perceived "competence" ratings. Our analysis explores these findings in more …-facedness" of the CEO. That is, more mature looking CEOs are assigned higher "competence" scores. This finding is potentially …. Essentially, the "look" of competence says very little about effective competence …
Persistent link: https://www.econbiz.de/10013144751
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Bad Politicians
Caselli, Francesco; Morelli, Massimo - 2022
We present a simple theory of the quality (competence and honesty) of elected officials. Our theory offers four main … than those of high-quality citizens (competence), and/or because they reap higher returns from holding office (honesty …
Persistent link: https://www.econbiz.de/10013323454
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Hierarchies, Specialization, and the Utilization of Knowledge : Theory and Evidence from the Legal Services Industry
Garicano, Luis; Hubbard, Thomas N. - 2022
What role do hierarchies play with respect to the organization of production and what determines their structure? We develop an equilibrium model of hierarchical organization, then provide empirical evidence using confidential data on thousands of law offices from the 1992 Census of Services....
Persistent link: https://www.econbiz.de/10014072174
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Returns to Apprenticeship Training in Austria : Evidence from Failed Firms
Fersterer, Josef - 2007
Little is known about the payoffs to apprenticeship training in the German speaking countries for the participants. OLS estimates suggest that the returns are similar to those of other types of schooling. However, there is a lot of heterogeneity in the types of apprenticeships offered, and...
Persistent link: https://www.econbiz.de/10012776154
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Financing Apprenticeship Training : Evidence from Germany
Harhoff, Dietmar; Kane, Thomas J. - 2021
Much of the current discussion promoting apprenticeship programs in the U.S. proceeds as if it is simply a matter of historical accident or lack of imagination which has hindered human capital investment by U.S. firms. However, the cause may be rooted more deeply in our labor market...
Persistent link: https://www.econbiz.de/10013223579
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Beyond Becker : Training in Imperfect Labor Markets
Acemoglu, Daron; Pischke, Jörn-Steffen - 2021
In this paper, we survey non-competitive theories of training. With competitive labor markets, firms never pay for investments in general training, whereas when labor markets are imperfect, firm-sponsored training arises as an equilibrium phenomenon. We discuss a variety of evidence which...
Persistent link: https://www.econbiz.de/10013225396
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Why Do Firms Train? Theory and Evidence
Acemoglu, Daron; Pischke, Jörn-Steffen - 2021
This paper offers and tests a theory of training whereby workers do not pay for general training they receive. The crucial ingredient in our model is that the current employer has superior information about the worker's ability relative to other firms. This informational advantage gives the...
Persistent link: https://www.econbiz.de/10013231422
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The Structure of Wages and Investment in General Training
Acemoglu, Daron; Pischke, Jörn-Steffen - 2022
In the standard model of human capital with perfect labor markets general training. When labor market frictions compress the structure of wages in the general skills of their employees. The reason is that the distortion in the wage structure" turn technologically' general skills into specific'...
Persistent link: https://www.econbiz.de/10013321573
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Clans, Guilds, and Markets : Apprenticeship Institutions and Growth in the Pre-Industrial Economy
de la Croix, David - 2016
In the centuries leading up to the Industrial Revolution, Western Europe gradually pulled ahead of other world regions in terms of technological creativity, population growth, and income per capita. We argue that superior institutions for the creation and dissemination of productive knowledge...
Persistent link: https://www.econbiz.de/10012995522