In this paper, we develop a simple general-equilibrium trade model in which heterogeneous workers make an investment decision in acquiring advanced managerial skills and choose their optimal effort level based on their own individual organizational beliefs and CEOś managerial vision. In doing...

The purpose of this paper is to illustrate that strengthening links with practice through authentic and collaborative instruction, research and professional service, significantly reduces these two gap-enhancing problems and represents an ideal opportunity to apply, test and, perhaps most...