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We construct an agency-based model of incentive contracting within the education system. We use this framework to evaluate first-best, second-best, and pooling contracts under a variety of assumptions germane to the consolidation of elementary and secondary schools. By introducing a monitoring...
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To better understand the degree to which students enrolled in principles of macroeconomics are exposed to fundamental microeconomic concepts, we survey twenty popular textbooks. Using the TUCE guidelines as a framework, we categorize the microeconomic content of the textbooks by topic and amount...
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An original data set built from all 32 National Football League (NFL) teams, covering 2000--2009, is used to produce a production function for professional football. We use spending on salaries, divided between offensive and defensive players, as inputs to produce season wins. Our data suggest...
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Keefer’s recent article in the Journal of Sports Economics, “Compensation discrimination for defensive players: applying quantile regression to the National Football League market for linebackers,†finds wage discrimination in the National Football League market for linebackers....
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Keefer’s recent article in the Journal of Sports Economics (2013) finds evidence of wage discrimination in the National Football League (NFL) market for linebackers. We examine the market for NFL wide receivers using similar techniques as Keefer, though we explore only rookies rather than all...
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