Showing 1 - 10 of 466
This paper examines whether management changes caused by the entry of the baby boom into the workforce explain the US … significant role in determining output. If there is heterogeneity across workers and management skill improves with experience, an … influx of young workers will lower the overall quality of management and lower total factor productivity. Census data shows …
Persistent link: https://www.econbiz.de/10012463175
We empirically analyze the nature of returns to scale in active mutual fund management. We find strong evidence of … avoid econometric biases are insignificant. We also find that the active management industry has become more skilled over …
Persistent link: https://www.econbiz.de/10012458773
Mutual fund managers can outperform the market by picking stocks or timing the market successfully. Previous work has estimated picking and timing skill, assuming that each manager is endowed with a fixed amount of each and found some evidence of picking skills and little evidence of timing...
Persistent link: https://www.econbiz.de/10012461042
advanced management practices. Many of these practices - including monitoring, goal setting, and the use of incentives - are … unique data set that combines detailed survey data on the management practices of German manufacturing firms with … longitudinal earnings records for their employees to study the relationship between productivity, management, worker ability, and …
Persistent link: https://www.econbiz.de/10012456573
"The returns to schooling or the skill premium is a key parameter in various literatures, including globalization and inequality and international migration. This paper explores the skill premium and its link to exports in Latin America, thus linking the skill premium to the emerging literature...
Persistent link: https://www.econbiz.de/10011394540
"Policymakers and economists disagree about the impact of bank regulations on the distribution of income. Exploiting cross-state and cross-time variation, we test whether liberalizing restrictions on intra-state branching in the United States intensified, ameliorated, or had no effect on income...
Persistent link: https://www.econbiz.de/10010521579
"This study examines the impact of Poland's trade liberalization 1994-2001 on the industry wage structure. The liberalization was undertaken in preparation for Poland's accession to the European Union and was more pronounced in industries with larger shares of unskilled labor. Our analysis...
Persistent link: https://www.econbiz.de/10010522647
We analyze a new management survey for around 1,000 firms and 10,000 employees across two large provinces in China. The … unique aspect of this survey is it collected management data from the CEO, a random sample of senior managers and workers. We … document four main results. First, management scores, much like productivity, have a wide spread with a long left-tail of …
Persistent link: https://www.econbiz.de/10011895781
How do college students and postsecondary institutions react to changes in skill demand in the U.S. labor market? We quantify the magnitude and nature of response in the 4-year sector using a new measure of labor demand at the institution-major level that combines online job ads with geographic...
Persistent link: https://www.econbiz.de/10014337805
Concurrent with the precipitous decline in private sector unionization over the past half century, there has been a shift in the type of work covered by unions. We take a skill-based approach to studying this shift, using data from the Current Population Survey combined with occupation-specific...
Persistent link: https://www.econbiz.de/10014337809