Showing 1 - 10 of 1,417
We propose a new measure of allocative efficiency based on unrealized increases in aggregate productivity growth. We …
Persistent link: https://www.econbiz.de/10012461285
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/10012465677
This paper develops a life-cycle model in which workers choose both consumption levels and job fatality risks, implying that the effect of age on the value of life is ambiguous. The empirical analysis of this relationship uses novel, age-dependent fatal and nonfatal risk variables. Workers'...
Persistent link: https://www.econbiz.de/10012468495
, totaling 53.5 percent. We compare our results with alternative measurement approaches, with a focus on government surveys, and …
Persistent link: https://www.econbiz.de/10014250210
&D employees, are significantly correlated with the number and quality of patents. However, DEI exhibits no link with future stock …
Persistent link: https://www.econbiz.de/10014287316
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/10012462664
rely on housing price capitalization. It is a computational analog to Chetty's [2009] call for considering the measurement …
Persistent link: https://www.econbiz.de/10012463692
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/10012463799
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/10012460703
Outsourced workers experience large wage declines, yet domestic outsourcing may raise aggregate productivity. To study … revenue productivity, we find empirical support for all three predictions in French administrative data. After structurally …
Persistent link: https://www.econbiz.de/10012660026