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This study examines patterns of productivity change in a large set of 266 public higher education institutions (HEIs … confidence intervals for Malmquist indices of HEI productivity and their components. Consequently, we are able to assess the … statistical significance of changes in HEI productivity, efficiency and technology. Our results suggest that, assessed vis-à-vis a …
Persistent link: https://www.econbiz.de/10013098260
This study presents patterns of productivity change in a large set of 266 public higher education institutions (HEIs … confidence intervals for Malmquist indices of HEI productivity and their components. Consequently, we are able to assess … statistical significance of the changes in HEIs’ productivity, efficiency and technology. Our results suggest that when we treat …
Persistent link: https://www.econbiz.de/10014179827
We prove that the change in welfare of a representative consumer is summarized by the current and expected future … values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility … while taking prices parametrically. This result justifies TFP as the right summary measure of welfare (even in situations …
Persistent link: https://www.econbiz.de/10010269431
The potential impact of COVID-19 restrictions on worker well-being is currently unknown. In this study we examine 15 well-being outcomes collected from 621 full-time workers assessed before (November, 2019 - February, 2020) and during (May-June, 2020) the COVID-19 pandemic. Fixed effects...
Persistent link: https://www.econbiz.de/10012437086
Persistent link: https://www.econbiz.de/10011797396
In a simple 2-period model of relative income under uncertainty, higher comparison income for the younger cohort can signal higher or lower expected lifetime relative income, and hence either increase or decrease well-being. With data from the German Socio-Economic Panel and the British...
Persistent link: https://www.econbiz.de/10011601057
In contrast to previous results combining all ages, we find positive effects of comparison income on happiness for the under 45s and negative effects for those over 45. In the UK, these coefficients are several times the magnitude of own income effects. In West Germany, they cancel out to give...
Persistent link: https://www.econbiz.de/10010533126
In contrast to previous results combining all ages we find positive effects of comparison income on happiness for the under 45s, and negative effects for those over 45. In the BHPS these coefficients are several times the magnitude of own income effects. In GSOEP they cancel to give no effect of...
Persistent link: https://www.econbiz.de/10009756035
In a simple 2-period model of relative income under uncertainty, higher comparison income for the younger cohort can signal higher or lower expected lifetime relative income, and hence either increase or decrease well-being. With data from the German Socio-Economic Panel and the British...
Persistent link: https://www.econbiz.de/10009389096
Persistent link: https://www.econbiz.de/10014576945