This paper compares benefits and costs related to hierarchical and decentralized organizations in an agency framework. We show that the relative efficiency of hierarchy diminishes in contexts with asymmetric information. When effort is not observable, a performance-related pay is required in...

We investigate the long-run impact of college remedial education on students' academic performance and employment status. By implementing a Fuzzy Regression Discontinuity Design we show that attending remedial courses positively affects the probability to get a university degree, whereas no...

The COVID-19 pandemic forced schools and universities to transit from traditional class-based teaching to online learning. This paper investigates the impact produced by this shift on students' performance. We use administrative data of four cohorts of students enrolled in an Italian University...

In this paper it is shown that by explicitly considering the existence of unemployed trained workers, some of the results shown by Acemoglu and Pischke regarding the effect of unemployment on the firms' training decisions become ambiguous. In fact, two contrasting effects have to be considered:...

We conducted a field experiment involving 720 Italian undergraduate students to investigate the existence of gender differences in performance in competitive settings and whether performance is affected by one's opponent gender. The experimental design was aimed at disentangling gender...

Procrastination produces harmful effects for human capital investments and studying activities. Using data from a large sample of Italian undergraduates, we measure procrastination with the actual behaviour of students, considering the delay in finalizing their university enrolment procedure. We...

Economists have a poor understanding of the mechanisms underlying reduced-form college peer effects. In this paper we explore a candidate mechanism, the provision of school effort. We show that, when earnings reflect individual educational performance as well as the field of study selected at...