Similar Search Results

Rees-Jones, Alex - 2016

What mental models do individuals use to approximate their tax schedule? Using an incentivized income-tax forecasting task, we estimate the prevalence of the "schmeduling" heuristics for constructing mental representations of nonlinear incentive schemes. We find evidence of widespread adoption...

Persistent link: https://www.econbiz.de/10012455796

Do Two Wrongs Make a Right? Measuring the Effect of Publications on Science Careers

Ginther, Donna K.; Zambrana, Carlos; Oslund, Patricia; … - National Bureau of Economic Research - 2023

demonstrates that publications likely suffer from non-classical measurement error. Using horse race and instrumental variable … models, we confirm that the Gold Standard data are relatively free from measurement error but show that the Clarivate data … suffer from non-classical measurement error. We employ a variety of methods to adjust the Clarivate data for false negatives …

Persistent link: https://www.econbiz.de/10014436975

Lens or Prism? Patent Citations as a Measure of Knowledge Flows from Public Research

Roach, Michael - 2012

This paper assesses the validity and accuracy of firms' backward patent citations as a measure of knowledge flows from …. Using survey-based measures of the dimensions of knowledge flows, we identify sources of systematic measurement error … and direction of measurement error bias suggests that measuring knowledge flows with patent citations can lead to …

Persistent link: https://www.econbiz.de/10012460369

Heights and Human Welfare : Recent Developments and New Directions

Steckel, Richard H. - 2008

within economics, indicating that heights are now widely accepted as a useful measure of human welfare. Much of this new work …

Persistent link: https://www.econbiz.de/10012464113

The Dynamic Effects of Educational Accountability

Macartney, Hugh - 2014

This paper provides the first evidence that value-added education accountability schemes induce dynamic distortions. Extending earlier dynamic moral hazard models, I propose a new test for ratchet effects, showing that classroom inputs are distorted less when schools face a shorter horizon over...

Persistent link: https://www.econbiz.de/10012458749

India Transformed? Insights from the Firm Level 1988-2005

Alfaro, Laura - 2009

Using firm-level data this paper analyzes the transformation of India's economic structure following the implementation of economic reforms. The focus of the study is on publicly-listed and unlisted firms in manufacturing and services industries. Detailed balance sheet and ownership information...

Persistent link: https://www.econbiz.de/10012463201

Sharpening Sharpe Ratios

Goetzmann, William - 2002

optimal strategy rules for increasing the Sharpe ratio. Our results have implications for performance measurement in any … setting in which managers may use derivative contracts. In a performance measurement setting, we suggest that the distribution …

Persistent link: https://www.econbiz.de/10012469595

Productivity, Output, and Failure : A Comparison of Taiwanese and Korean Manufacturers

Aw, Bee Yan - 2002

Industry cost and demand conditions can vary across countries leading to differences in industry market structure, including the distribution of output and productivity across firms and the magnitude of entry and exit flows. It has been argued that despite many outward similarities, two of the...

Persistent link: https://www.econbiz.de/10012469949

The Value Spread

Cohen, Randolph B. - 2001

We decompose the cross-sectional variance of firms' book-to-market ratios using both a long U.S. panel and a shorter international panel. In contrast to typical aggregate time-series results, transitory cross-sectional variation in expected 15-year stock returns causes only a relatively small...

Persistent link: https://www.econbiz.de/10012470482

Investment, Fundamentals and Finance

Gilchrist, Simon - 1998

Financial variables such as cash flow and cash stocks are robust and quantitatively important explanatory variables for investment at the firm-level. A large body of recent empirical work attributes these findings to capital market imperfections. This interpretation is controversial, however,...

Persistent link: https://www.econbiz.de/10012472158