We present a theoretical framework and empirical strategy to measure the causal effect ofinterim feedback on individuals’ performance. Our identification strategy exploits a naturalexperiment in a leading UK university where different departments have historically differentrules on the...

Over the last decade, many countries have experienced dramatic increases in university enrolment, which, when not matched by compensating increases in other inputs, have resulted in larger class sizes. Using administrative records from a leading UK university, we present evidence on the effects...

One of the main issues of the reform regarding a professor’s remuneration at German universitiesis the introduction of a performance-dependent salary. This paper applies relative rank ordertournaments to special performance benefits at university level. It turns out that the awardingprocedure...

This study examines the relationship between the diffusion of IT and changes in collaborationpatterns across institutional and national borders. To undertake the research, the authorsmatch an explicit measure of institutional IT adoption (domain names, e.g. www.umsl.edu)with institutional data...

The Bologna process inspired the Italian 3+2 reform of the university system whichconstitutes a big increase in the supply of college graduates. This paper is a preliminaryattempt to identify the effects of the reform on (i) the relative probability (relative to nongraduates)of employment of...

Die Betriebswirtschaftslehre ist ein relativ junges Fach. Mit der zunehmenden Bedeutung derWirtschaft im 20. Jahrhundert sind seine Studentenzahlen und sein Gewicht innerhalb derHochschulen gewachsen. Der Betrag arbeitet die wichtigsten Bestimmungsgrößen und strukturellenVeränderungen der...

We use a static framework characterized by both moral hazard and holdup problems. In the model the optimal allocation of bargaining power balances these frictions. We examine the impact of improved monitoring on that optimal allocation and its impact upon effort, investment, profits and rents....

Recent studies have found unmeasured intangible capital to be large and important. In this paper we observe that by nature intangible capital is also very different from physical capital. We find it plausible to argue that the accumulation process for intangible capital differs significantly...

During the second part of the 1990s, the Israeli economy experienced a surge in labor productivity and total factor productivity, which was driven primarily by the manufacturing sector. This surge in productivity coincided with the full absorption and integration into the workforce of highly...

Der Beitrag arbeitet die Heterogenität von Unternehmen innerhalb von Branchen hin-sichtlich ihrer technischen Effizienz heraus. Datengrundlage sind die Mikro-Daten der Kostentrukturerhebung im Verarbeitenden Gewerbe in Deutschland. Die technische Effizienz wird im Rahmen der Schätzung einer...