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The great majority of studies on the effect of school quality on academic outcomes do not take account of changes in student choices concerning effort if school quality, e.g. class size, changes. We show that empirical estimates of the "total" effect of changes in school quality could be quite...
Persistent link: https://www.econbiz.de/10010251075
Educational systems can be characterized by a complex structure: students, classes and teachers, schools and principals, and providers of education. The added value of schools is likely influenced by all these levels and, especially, by interactions between them. We illustrate the ability of...
Persistent link: https://www.econbiz.de/10011687086
Using administrative data on schools in England, we estimate an education production model of cognitive skills at the end of secondary school. We provide empirical evidence of self-productivity of skills and of complementarity between secondary school inputs and skills at the end of primary...
Persistent link: https://www.econbiz.de/10010457396
Persistent link: https://www.econbiz.de/10010491980
Using administrative data on schools in England, we estimate an education production model of cognitive skills at the end of secondary school. We provide empirical evidence of selfproductivity of skills and of complementarity between secondary school inputs and skills at the end of primary...
Persistent link: https://www.econbiz.de/10010212411
A vast literature in the field of public organizations has analyzed several factors of the compensation of government senior managers. However, the institutional factors associated with high levels of compensation of public managers are hardly known. In particular, studies about the possible...
Persistent link: https://www.econbiz.de/10012924133
We show that in competitive careers based on individual performance the least productive individuals may have the highest probabilities to be promoted to top positions. These individuals have the lowest fall-back positions and, hence, the highest incentives to succeed in career contests. This...
Persistent link: https://www.econbiz.de/10003906411
We show that incompetitive careers based on individual performance the least productive individuals may have the highest probabilities to be promoted to top positions. These individuals have the lowest fall-back positions and, hence, the highest incentives to succeed in career contests. This...
Persistent link: https://www.econbiz.de/10003909300
We introduce a model in which a regulator employs mechanism design to embed her human capital beta signal(s) in a firm's capital structure, in order to enhance the value of her post career change indexed executive stock option contract with the firm. We prove that the agency cost of this...
Persistent link: https://www.econbiz.de/10013071277
In this paper, we analyze the relationship between the transparency of politics and the quality of politicians in a model of parties' political recruitment. We find that an increase in the transparency of politics reduces the average quality of the politicians a party recruits in equilibrium
Persistent link: https://www.econbiz.de/10012730973