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Showing 4,001-4,020 of 18,292 items.

Incentives in Organizations

[Symposium: The Firm and its Boundaries]

By Robert Gibbons

Journal of Economic Perspectives, Fall 1998

In this paper, the author summarizes four new strands in agency theory that help him think about incentives in real organizations. As a point of departure, The author begins with a quick sketch of the classic agency model. He then discusses static models ...

www.aeaweb.org/articles?id=10.1257/jep.12.4.115

Birthdays, Schooling, and Crime: Regression-Discontinuity Analysis of School Performance, Delinquency, Dropout, and Crime Initiation

By Philip J. Cook and Songman Kang

蝌蚪网 Journal: Applied Economics, January 2016

Dropouts have high crime rates, but is there a direct causal link? This study, utilizing administrative data for six cohorts of public school children in North Carolina, demonstrates that those born just after the cut date for enrolling in public kinderga...

www.aeaweb.org/articles?id=10.1257/app.20140323

Analyzing the Spectrum of Asset Returns: Jump and Volatility Components in High Frequency Data

By Yacine 础茂迟-厂补丑补濒颈补 and Jean Jacod

Journal of Economic Literature, December 2012

This paper reports some of the recent developments in the econometric analysis of semimartingales estimated using high frequency financial returns. It describes a simple yet powerful methodology to decompose asset returns sampled at high frequency into t...

www.aeaweb.org/articles?id=10.1257/jel.50.4.1007

Monitoring Corruptible Politicians

By Gustavo J. Bobonis, Luis R. C谩mara Fuertes, and Rainer Schwabe

蝌蚪网 Review, August 2016

Does monitoring corrupt activities induce a sustained reduction in corruption? Using longitudinal data on audits of municipal governments in Puerto Rico, we show corruption is considerably lower in municipalities with timely audits—before elections....

www.aeaweb.org/articles?id=10.1257/aer.20130874

Does Schooling Cause Growth?

By Mark Bils and Peter J. Klenow

蝌蚪网 Review, December 2000

A number of economists find that growth and schooling are highly correlated across countries. A model is examined in which the ability to build on the human capital of one's elders plays an important role in linking growth to schooling. The model is calib...

www.aeaweb.org/articles?id=10.1257/aer.90.5.1160