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Experience, Innovation and Productivity - Empirical Evidence from Italy's Slowdown

Daveri, Francesco; Parisi, Maria Laura - CESifo - 2010

innovation and productivity. The effect of managerial experience measured by age on firm performance depends instead on the type …

Persistent link: https://www.econbiz.de/10008583733

Incentives, Reputation and the Allocation of Authority

Englmaier, Florian; Filipi, Ales; Singh, Ravi - CESifo - 2010

We address the question how much authority a principal should delegate to a manager with conflicting interests and uncertain ability in a context in which the manager has both compensation-based and reputational incentives. The optimal level of authority balances the value of the manager's...

Persistent link: https://www.econbiz.de/10008583737

Gift Exchange in the Workplace: Money or Attention?

Dur, Robert - CESifo - 2008

We develop a model of manager-employee relationships where employees care more for their manager when they are more convinced that their manager cares for them. Managers can signal their altruistic feelings towards their employees in two ways: by offering a generous wage and by giving attention....

Persistent link: https://www.econbiz.de/10005181512

Social Exchange and Common Agency in Organizations

Dur, Robert; Roelfsema, Hein - CESifo - 2007

We study the relation between formal incentives and social exchange in organizations where employees work for several managers and reciprocate a manager’s attention with higher effort. To this end we develop a common agency model with two-sided moral hazard. We show that when effort is...

Persistent link: https://www.econbiz.de/10005406384

Measuring Alpha in the Fund Management Industry: Do Female Managers Perform Better?

Babalos, Vassilis; Caporale, Guglielmo Maria; … - CESifo - 2013

This paper examines the performance of 358 European diversified equity mutual funds controlling for gender differences …. Fund performance is evaluated against funds’ designated market indices and representative style portfolios. Consistently … with previous studies, no significant differences in performance and risk are found between female and male managed funds …

Persistent link: https://www.econbiz.de/10010667412

A Simple Four Quadrants Model to Monitor the Performance of Local Governments

Ballanti, Danilo; Dispotico, Roberto; Porcelli, Francesco; … - CESifo - 2014

evaluate the performance of local government in the provision of local public services. The model employs a reduced set of …

Persistent link: https://www.econbiz.de/10010960639

Why do Foreign Banks Withdraw from other Countries? A Panel Data Analysis

Hryckiewicz, Aneta; Kowalewski, Oskar - CESifo - 2010

problems in the home country, with a lesser factor being the weak performance of the foreign subsidiary. …

Persistent link: https://www.econbiz.de/10008583673

Ethnic Divisions and Production in Firms

Hjort, Jonas - CESifo - 2013

A body of literature suggests that ethnic heterogeneity limits economic growth. This paper provides microeconometric evidence on the direct effect of ethnic divisions on productivity. In team production at a plant in Kenya, an upstream worker supplies and distributes flowers to two downstream...

Persistent link: https://www.econbiz.de/10010706000

Urban Shrinkage in Eastern Germany

Bartholomae, Florian W.; Nam, Chang Woon; Schoenberg, Alina - CESifo - 2015

This paper questions the widely applied parallelism of demographic and economic development in characterizing urban shrinkage in Germany, and argues that the usage of population change as a single indicator leads to incorrect policy recommendations for combating urban shrinkage. As the cases of...

Persistent link: https://www.econbiz.de/10011165506

Geography, Non-Homotheticity, and Industrialization: A Quantitative Analysis

Breinlich, Holger; Cuñat, Alejandro - CESifo - 2012

We propose a quantitative framework for the analysis of industrialization in which specialization in manufacturing or agriculture is driven by comparative advantage and non-homothetic preferences. Countries are integrated through trade but trade is not costless and geographic position matters....

Persistent link: https://www.econbiz.de/10010570050