Showing 1 - 10 of 1,439
We propose a new measure of allocative efficiency based on unrealized increases in aggregate productivity growth. We …
Persistent link: https://www.econbiz.de/10012977130
Individual evaluation interviews have become a widespread practice. 52% of employees in French manufacturing firms over … 50 employees declared an annual individual evaluation interview in 1997. However whereas the problem of constructing an … optimal contract with subjective evaluation (which is defined simply as a signal in most papers) receives a large attention …
Persistent link: https://www.econbiz.de/10012753959
In response to unsustainable growth in health care spending, there is enormous interest in reforming the payment system to “pay for quality instead of quantity.” While quality measures are crucial to such reforms, they face major criticisms largely over the potential failure of risk...
Persistent link: https://www.econbiz.de/10012963161
There are three primary measures of teaching performance: student test-based measures (i.e., value added), classroom observations, and student surveys. Although all three types of measures could be biased by unmeasured traits of the students in teachers' classrooms, prior research has largely...
Persistent link: https://www.econbiz.de/10012954918
Public recognition is a frequent tool for motivating desirable behavior, yet its welfare effects are rarely measured. We develop a portable money-metric approach for measuring the direct welfare effects of shame and pride, which we deploy in a series of experiments on exercise and charitable...
Persistent link: https://www.econbiz.de/10012890772
The importance of increments to an existing highway system depends upon their contributions to the accessibility provided by the existing network. Nearly 40 years ago, Mohring [1965] suggested this logic for planning optimal highway investment programs. He argued it could be implemented by...
Persistent link: https://www.econbiz.de/10013143462
due to measurement error. We conclude that the evidence on the prevalence of small price changes is much too weak to be …
Persistent link: https://www.econbiz.de/10013108251
In this paper we investigate the comparative properties of empirically-estimated monetary models of the U.S. economy. We make use of a new data base of models designed for such investigations. We focus on three representative models: the Christiano, Eichenbaum, Evans (2005) model, the Smets and...
Persistent link: https://www.econbiz.de/10012757616
attempt to raise their productivity to the level required to gain employment. Second, employers faced with an inability to …
Persistent link: https://www.econbiz.de/10013138315
preferred specification, with firm fixed effects, a standard deviation increase in the productivity of new employees' previous …The 21st century global decline in productivity growth is not well understood. One possible contributor is a decline in … economic dynamism. We explore the contribution of firm formation and employee movement to productivity using administrative …
Persistent link: https://www.econbiz.de/10012925878