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The European Commission's Scoreboard of Macroeconomic Imbalances is a rare case of a publicly released early warning system. It allows the preferences of the politicians involved to be analysed with regard to the two potential errors of an early warning system — missing a crisis and issuing a...
Persistent link: https://www.econbiz.de/10011056279
We investigate how increased competition affects firm owners׳ incentives and managers׳ efforts in a laboratory … incentives but despite the lower incentives the manager still accepts the contract offer and exerts the same level of effort than …
Persistent link: https://www.econbiz.de/10011118161
efficiency gains by introducing incentives that reward information sharing, even where those incentives drive a wedge between …
Persistent link: https://www.econbiz.de/10011122001
The authors review the economic rationales of the Commerce Department's Advanced Technology Program and the criteria for project selection.
Persistent link: https://www.econbiz.de/10011122269
encourage the status quo irrespective of risk preferences. However, the evidence for these negative incentives is largely …
Persistent link: https://www.econbiz.de/10011122448
Remarks at the Bank of England, London.
Persistent link: https://www.econbiz.de/10011124389
during the era of the MacSharry reforms is still visible. In this paper we consider the incentives associated with the Common … sector, and we investigate the behavioural pressures associated with these incentives. We have developed a Hypothetical … associated with these incentives? Identifying non-linearity in the Direct Payment Schedule indicates where incentives occurred …
Persistent link: https://www.econbiz.de/10011125222
Recent substantive reforms to the English National Health Service expanded patient choice and encouraged hospitals to compete within a market with fixed prices. This study investigates whether these reforms led to improvements in hospital quality. We use a difference-in-difference-style...
Persistent link: https://www.econbiz.de/10011126074
Many large listed firms offer workers the opportunity to buy shares in the firm at discounted rates through employee stock purchase plans (ESPP). The discounted rate creates a gift exchange, where the firm hopes that workers who accept the gift reciprocate with greater loyalty and effort. But...
Persistent link: https://www.econbiz.de/10011126459
A substantial body of research investigates the design of incentives in firms, yet less is known about incentives in …. Third, contrary to existing laboratory evidence, financial incentives do not crowd out intrinsic motivation in this setting. …
Persistent link: https://www.econbiz.de/10011126557