Showing 1 - 10 of 18
in majors with higher average verbal GRE scores are more likely to attendgraduate school. This sorting effect means that … sorting effect raises estimated annualized returns to a Master’s or doctoraldegree from about 5% to 7.3% and 12 …
Persistent link: https://www.econbiz.de/10009360880
Across nine transition economies, it is the young, educated, English-speaking workers with thebest access to local telecommunications infrastructures that work with computers. Theseworkers earn about 25% more than do workers of comparable observable skills who do not usecomputers. Controlling...
Persistent link: https://www.econbiz.de/10009360910
This paper explores the disjuncture in the New Labour Governmentbetween the largest reform in fifty years of the nation’s Legal Aid systemand the concurrent pursuit of progressive anti-poverty, social inclusion,community regeneration, and human rights social policies. The failure ofthe newly...
Persistent link: https://www.econbiz.de/10008695293
This paper proposes a simple framework to study incentives and matching in the marketfor teachers. The framework is … incentive effect. Our analysissuggests that school competition and teacher incentives cannot be studied in isolation from …
Persistent link: https://www.econbiz.de/10008911468
We show that the joint liability lending contracts derived in Ghatak (2000) violate an ex post incentive-compatibility constraint which says the amount of joint liability cannot exceed the amount of individual liability. We derive and characterize optimal separating joint liability contracts...
Persistent link: https://www.econbiz.de/10008911469
The Peter Principle states that, after a promotion, the observed output of promotedemployees tends to fall. Lazear (2004) models this principle as resulting from a regression tothe mean of the transitory component of ability...
Persistent link: https://www.econbiz.de/10008939753
We provide evidence on the extent of ethnic segregation experienced bychildren across secondary schools and neighbourhoods (wards). Using 2001Schools Census and Population Census data we employ the indices ofdissimilarity and isolation and compare patterns of segregation across nineethnic...
Persistent link: https://www.econbiz.de/10009354027
We study how workers’ wages respond to TFP-driven innovations in firms’ labor productivity.Using unique data with highly reliable firm-level output prices and quantities in themanufacturing sector in Sweden, we are able to derive measures of physical (as opposed torevenue) TFP to instrument...
Persistent link: https://www.econbiz.de/10009360521
In this paper we estimate the elasticity of the labour supply to a firm, using data from theHousehold, Income and Labour Dynamics in Australia (HILDA) Survey. Estimation of thiselasticity is of particular interest not only in its own right but also because of its relevance tothe debate about the...
Persistent link: https://www.econbiz.de/10009360581
salvage value of rural firms suggests that firms sorting into ruralmarkets must have a higher probability of success in order …
Persistent link: https://www.econbiz.de/10009360763