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Pollution Control Effort at China's River Borders : When Does Free Riding Cease?
Kahn, Matthew E. - 2013
At political boundaries, local leaders often have weak incentives to reduce polluting activity because the social costs … are borne by downstream neighbors. This paper exploits a natural experiment set in China in which the central government …
Persistent link: https://www.econbiz.de/10012459041
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Optimal Incentive Contracts in the Presence of Career Concerns : Theory and Evidence
Gibbons, Robert - 1991
. In the presence of career concerns, the optimal compensation contract optimizes total incentives -- the combination of … the implicit incentives from career concerns and the explicit incentives from the compensation contract. Thus, the … explicit incentives from the optimal compensation contract should be strongest when a worker is close to retirement. We find …
Persistent link: https://www.econbiz.de/10012475208
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Why Do Dancers Smoke? Time Preference, Occupational Choice, and Wage Growth
Munasinghe, Lalith - 2000
Time preference is a key determinant of occupational choice and investments in human capital. Since careers are characterized by different wage growth prospects, individual discount rates play an important role in the relative valuation of jobs or occupations. We predict that individuals with...
Persistent link: https://www.econbiz.de/10012471233
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Career Patterns of College Graduates in a Declining Job Market
Freeman, Richard B. - 1981
This study uses Current Population Survey cohort data and the National Longitudinal Survey for men aged 14-24 in 1966 to examine the earnings growth of college graduates relative to high school graduates during the 1970s depressed market for graduates. The principal finding is that the...
Persistent link: https://www.econbiz.de/10012478365
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Interrupted Work Careers
Mincer, Jacob - 1980
The quantitative effects and even the existence of "human capital depreciation" phenomena has been a subject of controversy in the recent literature. Prior work, however, was largely cross-sectional and theiotgitudina1 dimension, if any, was retrospective. Using longitudinal panel data (on...
Persistent link: https://www.econbiz.de/10012478658
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Elite Schools and Opting In : Effects of College Selectivity on Career and Family Outcomes
Ge, Suqin - 2018
Using College and Beyond data and a variant on Dale and Krueger's (2002) matched-applicant approach, this paper revisits the question of how attending an elite college affects later-life outcomes. We expand the scope along two dimensions: we examine new outcomes related to labor force...
Persistent link: https://www.econbiz.de/10012480966
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Behavioral Corporate Finance : The Life Cycle of a CEO Career
Guenzel, Marius - 2020
One of the fastest-growing areas of finance research is the study of managerial biases and their implications for firm outcomes. Since the mid-2000s, this strand of behavioral corporate finance has provided theoretical and empirical evidence on the influence of biases in the corporate realm,...
Persistent link: https://www.econbiz.de/10012481183
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Work Expectations, Realizations, and Depression in Older Workers
Falba, Tracy A. - 2008
We explore the impact on depressive symptoms of deviation in actual labor force behavior at age 62 from earlier expectations. Our sample of 4,241 observations is drawn from the Health and Retirement Study (HRS). We examine workers who were less than 62 years of age at the 1992 HRS baseline, and...
Persistent link: https://www.econbiz.de/10012464212
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Political Careers or Career Politicians?
Mattozzi, Andrea - 2007
politicians and individuals with political careers, and their motivations. We also investigate the effects of monetary incentives …
Persistent link: https://www.econbiz.de/10012465735
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The Making of an Investment Banker : Macroeconomic Shocks, Career Choice, and Lifetime Income
Oyer, Paul - 2006
New graduates of elite MBA programs flock to Wall Street during bull markets and start their careers elsewhere when the stock market is weak. Given the transferability of MBA skills, it seems likely that any effect of stock returns on MBA placement would be short-lived. In this paper, I use a...
Persistent link: https://www.econbiz.de/10012466610