This paper deals with the relationship between management quality, firm size, and managerial compensation.

This paper describes a series of school-based randomized trials in over 250 urban schools designedto test the impact of financial incentives on student achievement. In stark contrast to simple economicmodels, our results suggest that student incentives increase achievement when the rewards are...

We exploit a universe dataset of state school students in England with linkedtest score records to document the evolution of attainment through school fordifferent ethnic groups. The analysis yields a number of striking findings. First,we show that, controlling for personal characteristics, all...

Truancy is often seen as irrational behaviour on the part of school ageyouth. This paper takes the opposite view and models truancy as thesolution to a time allocation problem in which youths derive currentreturns from activities that reduce time spent at school. The model isestimated using a US...

Many educators and policymakers have argued for lenient grade promotion policy – evenautomatic promotion – in developing country settings where grade retention rates arehigh. The argument assumes that grade retention discourages persistence or continuationin school and that the promotion of...

How valuable is education for entrepreneurs’ performance as compared to employees’?What might explain any differences? And does education affect peoples’ occupationalchoices accordingly? We answer these questions based on a large panel of US labor forceparticipants. We show that education...

There is a large body of evidence supporting the notion that a) those who grow up to be patient(forward-looking) do better in life compared to those who do not, and b) parents can inculcatethe virtue of delayed gratification in their children by taking the right sort of actions. We studya...

We investigate the observable determinants of sorting between salary and performace pay jobs, the extent to which wage functions differ between the two, and the magnitude of the unobserved ability differential between salary and performance pay workers...

This note investigates the effects of the education level, product market rigidities andemployment protection legislation on growth. It exploits macro-panel data for OECDcountries...