Showing 1 - 10 of 38
of peer effect we restrict to no-child-adult-peers who completed their education much before the children in our sample …
Persistent link: https://www.econbiz.de/10013039603
This paper analyzes the non-market benefits of education and ability. Using a dynamic model of educational choice we … estimate returns to education that account for selection bias and sorting on gains. We investigate a range of non … patterns of returns that depend on the levels of schooling and ability. Unlike the monetary benefits of education, the benefits …
Persistent link: https://www.econbiz.de/10012946578
accordance with our hypotheses regarding the effect of both age and education on the gains to promotion. However, the statistical …
Persistent link: https://www.econbiz.de/10013108233
data from Turkey and leveraging an education reform which increased mandatory schooling by three years, we find that the …
Persistent link: https://www.econbiz.de/10013252380
The vast majority of firms in developing economies are micro and small enterprises owned by families whose members also provide the labour to the units. Often, they fail to grow in size even with the relaxation of credit constraints. In this paper, we show that frictions in the labour market...
Persistent link: https://www.econbiz.de/10013104968
The minimum wage rate has been introduced in many countries as a means of alleviating the poverty of the working poor. This paper shows, however, that an imperfectly enforced minimum wage rate causes small firms to face an upward-sloping labor supply schedule. Since this turns these firms into...
Persistent link: https://www.econbiz.de/10013157531
This review paper articulates the relationship between prediction market data and event studies, with a special focus on applications in political economy. Event studies have been used to address a variety of political economy questions ヨ from the economic effects of party control of...
Persistent link: https://www.econbiz.de/10013126921
This paper analyzes whether workplace employee representation (ER) affects the design of firm hierarchies. We rationalize the role of ER within a knowledge-based model of hierarchies, where the firm's choice of hierarchical layers depends on the trade-off between communication and knowledge...
Persistent link: https://www.econbiz.de/10012822863
The inclination of individuals to improve their performance when it lags behind that of others with whom they naturally compare themselves can be harnessed to optimize the individuals' effort in work and study. In a given set of individuals, we characterize each individual by his relative...
Persistent link: https://www.econbiz.de/10013250257
find that private education markets are local instead of national, since local ranks better predict tuition prices than …
Persistent link: https://www.econbiz.de/10013046255