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We develop a quantitative framework in which income inequality arises endogenously in response to productivity shocks …
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fertility behavior and productivity growth. They present theoretical arguments to the effect that public pension coverage as … the policies under discussion. Their policy proposals to address declines in fertility and productivity growth include the …
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Based on the seminal paper of Farrell (1957), researchers have developed several methods for measuring e fficiency. Nowadays, the most prominent representatives are nonparametric data envelopment analysis (DEA) and parametric stochastic frontier analysis (SFA), both introduced in the late 1970s....
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Managers often use tournament incentive schemes which motivate workers to compete for the top, compete to avoid the bottom, or both. In this paper we test the effectiveness and efficiency of these incentive schemes. To do so, we utilize optimal contracts in a principal-agent setting, using a...
Persistent link: https://www.econbiz.de/10010340563