Showing 1 - 10 of 54
This paper explores the consequences of grouping workers into diverse divisions on the performance of employees using a dataset containing the detailed personnel records of a large U.S. firm from 1989-1994. In particular, I examine the effects of demographic dissimilarity among co-workers,...
Persistent link: https://www.econbiz.de/10010287836
This working paper empirically and theoretically analyzes the exchange rate's role in Mexico's development for the period 2004-19. We test the hypothesis of the re(emergence) of the balance sheet effect due to an increase in external debt in the nonfinancial corporate sector; higher foreign debt...
Persistent link: https://www.econbiz.de/10012610208
Liabilities denominated in foreign currency have established a permanent role on emerging market firms' balance sheets, which implies that changes in both global liquidity conditions and in the value of the currency may have a long-lasting effect for them. In order to consider the financial...
Persistent link: https://www.econbiz.de/10014322568
experience in a similar one. Using a rich firm-level dataset for Argentina I test this prediction and I provide evidence on the …, I show that the failure to consider firms' idiosyncratic experience in international markets leads to an underestimation …
Persistent link: https://www.econbiz.de/10010325082
whether behavior in public goods games is affected by experience (i.e., previous participation in social dilemma … experience. Second, a mixture model reveals that the proportion of unconditional cooperators decreases with experience, while … experience. Our findings have important methodological implications for researchers, who are urged to control for subjects …
Persistent link: https://www.econbiz.de/10013208688
experience that is associated with each percentile of the education-level specific wage distribution. In the second step, we map … this estimated average years of experience to the wage-level percentiles reported in the Occupational Employment and Wage … all possible years of experience for each occupation. …
Persistent link: https://www.econbiz.de/10012653503
There have been many studies of the volume-outcome relationship. In all of these, the unit of analysis is the hospital or physician. However, this level of analysis is mostly limited to the use of in-hospital mortality rates and is particularly sensitive to selective referral. Moreover, the...
Persistent link: https://www.econbiz.de/10010315567
We show that professional soccer players exhibit reference-dependent behavior during matches. Controlling for the state of the match and for unobserved heterogeneity, we show on a minute-by-minute basis that a player breaches the rules of the game, measured by the referee's assignment of cards,...
Persistent link: https://www.econbiz.de/10010316909
The standard approach to modelling consumption/saving problems is to assume that the decisionmaker is solving a dynamic stochastic optimization problem However under realistic descriptions of utility and uncertainty the optimal consumption/saving decision is so difficult that only recently...
Persistent link: https://www.econbiz.de/10010293482
This paper introduces a method for solving numerical dynamic stochastic optimization problems that avoids rootfinding operations. The idea is applicable to many microeconomic and macroeconomic problems, including life cycle, buffer-stock, and stochastic growth problems. Software is provided.
Persistent link: https://www.econbiz.de/10010293486