Economics Commons^™

Performance Benefits Of Reward Choice: A Procedural Justice Perspective, Arran Caza, Matthew W. Mccarter, Gregory B. Northcraft

ESI Publications

Reward choice – employees' ability to exercise control over the formal rewards they receive from work – is an important part of many HRM strategies. Reward choice is expected to increase employee performance, but conflicting findings highlight the need to better understand how and when it will do so. Based on fairness heuristic theory, we predicted that procedural justice mediates reward choice's influence on performance, and that choice attractiveness moderates that influence. A field study and an experiment both had similar results, supporting our predictions. Reward choice can increase performance by as much as 40 per cent, but only when …

Sustaining Group Reputation, Erik O. Kimbrough, Jared Rubin

ESI Publications

When individuals trade with strangers, there is a temptation to renege on agreements. If repeated interaction or exogenous enforcement is unavailable, societies often solve this problem via institutions that rely on group, rather than individual, reputation. Groups can employ two mechanisms to uphold reputation that are unavailable to individuals: information sharing and in-group punishment. We design a laboratory experiment to distinguish the roles of these mechanisms when individual reputations are unobservable. Subjects are split into groups and play a trust game with random re-matching, where only the group identity of one’s partner is known. Treatments differ by whether information about …

Firing Threats And Tenure In Virtual Organizations: Incentives Effects And Impression Management, Brice Corgnet, Roberto Hernán González, Stephen Rassenti

ESI Publications

We study the effect of firing threats in a virtual workplace that reproduces features of existing organizations. We show that organizations in which bosses can fire up to one third of their workforce produce twice as much as organizations for which firing is not possible. Firing threats sharply decrease on-the-job leisure. Nevertheless, organizations endowed with firing threats underperformed those using individual incentives. In the presence of firing threats, employees engage in impression management activities to be seen as hard-working individuals in line with our model. Finally, production levels dropped substantially when the threat of being fired was removed, whereas on-the-job …

Disfluent Fonts Don’T Help People Solve Math Problems, Andrew Meyer, Shane Frederick, Terence C. Burnham, Juan D. Guevera Pinto, Ty W. Boyer, Linden J. Ball, Gordon Pennycook, Rakefet Ackerman, Valerie A. Thompson, Jonathon P. Schuldt

ESI Publications

Prior research suggests that reducing font clarity can cause people to consider printed information more carefully. The most famous demonstration showed that participants were more likely to solve counterintuitive math problems when they were printed in hard-to-read font. However, after pooling data from that experiment with 16 attempts to replicate it, we find no effect on solution rates. We examine potential moderating variables, including cognitive ability, presentation format, and experimental setting, but we find no evidence of a disfluent font benefit under any conditions. More generally, though disfluent fonts slightly increase response times, we find little evidence that they activate …

Cyber-Shilling In Automobile Auctions: Evidence From A Field Experiment, David Grether, David Porter, Matthew Shum

ESI Publications

We run a large field experiment with an online company specializing in selling used automobiles via ascending auctions. We manipulate experimentally the "price grid," or the possible amounts that bidders can bid above the current standing price. Using two diverse auction sites, one in New York and one in Texas, we find that buyer and seller behavior differs strikingly across the two sites. Specifically, in Texas we find peculiar patterns of bidding among a small but prominent group of buyers suggesting that they are "cyber-shills" working on behalf of sellers. These patterns do not appear in the New York auctions.

Liberal Arts Colleges And The Production Of Phd Economists, Philip N. Jefferson, Ellen B. Magenheim

Economics Faculty Works

Data from the National Science Foundation (2014) indicate that at least one PhD in economics was awarded to a Swarthmore College graduate in every year since 1966. The authors’ purpose in this article is to consider factors that may have contributed to the high number of PhDs in economics awarded to Swarthmore College graduates. While there is little doubt that self-selection plays a significant role, they describe curricular and environmental aspects of the economics department at Swarthmore that may have contributed to this outcome.

Is Poverty A Binding Constraint On Growth In Sub-Saharan Africa?, J.-Y. Duclos, Stephen A. O'Connell

Economics Faculty Works

No abstract provided.

Transferability Of Human Capital: An Analysis Of Immigrants From China, India, Korea, Philippines, And Vietnam In The United States, Lu Liao

Mark A. Israel '91 Endowed Summer Research Fund in Economics

This paper uses the data from American Community Survey (ACS) to study the transferability of human capital for immigrants from China, India, Korea, Philippines, and Vietnam. The results of this study suggest that, first, human capital acquired in the U.S. is valued generally higher than that acquired in the home country, with a few exceptions. Moreover, there exists significant difference in the transferability of human capital among different places of origin in Asia. In addition, this paper further concludes that education obtained from the source country is more transferable for immigrants from the countries that have colonial history either under …

The Rise And Fall Of Macro (Draft), Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• The rise and fall of macroeconomics by Anwar Shaikh, PhD.

Stock Market Theories, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Stock market theories folder notes by Anwar Shaikh, PhD (23-34_Stoc... p. 1)
• Interest rate nominal & real manuscript notes by Anwar Shaikh, PhD (23-34_Stoc... p. 4)
• Interest rates & inflation manuscript notes by Anwar Shaikh, PhD (23-34_Stoc... pp. 6, 9)
• Capitalism: real competition, turbulent dynamics, and global crises book outline and draft chapters by Anwar Shaikh, PhD (23-34_Stoc... pp. 11-12, 14, 16, 19)
• The new palgrave: a dictionary of economics excerpt by John Eatwell, Murray Milgate, and Peter Newman (23-34_Stoc... p. 29)
• Warranted price-earnings ratio charts and notes by Anwar Shaikh, PhD (23-34_Stoc... p. 42)
• Faculty course …

Micro Foundations Lecture, Anwar Shaikh Phd

Archives of Anwar Shaikh

as an archivist detailing a new entry, analyze the uploaded file and give an outline of the material with all dates standardized, all bullet-point item formatting, and sentence case for titles, and italics for all titles, 1.5 spacing between paragraphs, and expand the published items into full apa references with publisher details and journal information but without internet links, or any further description of the different items, standardize the handwritten notes, emails, and comments into full apa-style manuscript citations so they match the level of formality of the published papers, with all handwritten notes credited to anwar shaikh, phd unless …

Trade Lectures, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Trade lecture folder notes by Anwar Shaikh, PhD
• Currie lecture: a classical theory of international trade and exchange rates and empirical evidence by Anwar Shaikh, PhD
• Alvaro Zerda Bogota day 2 seminar notes by Anwar Shaikh, PhD
• Bogota lecture 2: trade notes by Anwar Shaikh, PhD
• Trade classical cost equations by Anwar Shaikh, PhD
• Trade classical equations by Anwar Shaikh, PhD

Guardian / Doen Foundation Seminar, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Guardian Doen Foundation folder notes by Anwar Shaikh, PhD (23-29_Guar... p. 1)
• Seminar discussion notes on capitalism and new economic models by Anwar Shaikh, PhD (23-29_Guar... p. 2)
• Correspondence regarding the Guardian / Doen Foundation seminar confirmation by Bridgette Mohammed (23-29_Guar... p. 3)
• Presentation outline for mainstreaming new economic models by Anwar Shaikh, PhD (23-29_Guar... pp. 4-5)
• Correspondence regarding seminar schedule and final logistics by Bridgette Mohammed (23-29_Guar... pp. 8-9)
• Biographical profile of Anwar Shaikh by New School University (23-29_Guar... p. 10).

Piketty Talk Outline, Anwar Shaikh Phd

Archives of Anwar Shaikh

as an archivist detailing a new entry, analyze the uploaded file and give an outline of the material with all dates standardized, all bullet-point item formatting, and sentence case for titles, and italics for all titles, 1.5 spacing between paragraphs, and expand the published items into full apa references with publisher details and journal information but without internet links, or any further description of the different items, standardize the handwritten notes, emails, and comments into full apa-style manuscript citations so they match the level of formality of the published papers, with all handwritten notes credited to anwar shaikh, phd unless …

Review Of: Human Development In Iraq, 1950–1990, Bassam Yousif (2013), Karen Pfeifer

Economics: Faculty Publications

No abstract provided.

Rebels, Reformers And Empire: Alternative Economic Programs For Egypt And Tunisia, Karen Pfeifer

Economics: Faculty Publications

For 20 years leading up to the uprisings of 2010-2011, Egypt and Tunisia suffered the ill effects of neoliberal economic reform, even as the international financial institutions and most economists hailed them as beacons of progress in the Arab world. For the preceding ten years, workers and civil society organizations led a burgeoning protest movement against the liberalizing and privatizing trajectories of the Mubarak and Ben Ali regimes. Then came the uprisings, which brokered the possibility of not only new political beginnings but also alternative economic programs that would put the needs of the struggling middle, working and poorer classes …

Essays On Monopoly And Monopsony Under Imperfect Information, Matthew Philip Makofske

Electronic Theses and Dissertations

No abstract provided.

Homeownership And Unemployment: Outcomes And Implications, George Mawuli Akpandjar

Electronic Theses and Dissertations

This dissertation consists of three papers on the effect of homeownership on labor market outcomes. In the first paper, I developed a one-sector two-region endogenous job search model and show that when jobs arrive from both local labor market and non-local labor market, homeowners: are less likely to be unemployed than renters; and have higher overall search intensity and exit rate than renters. I then estimate the effect of homeownership on unemployment using a panel data set aggregated from the American Community Survey data from 2003 to 2011 and use relative cost of owning a home as instrument for homeownership. …

Three Essays On Merger Outcomes: Corporate Strategy, Bargaining Power, And Valuation Waves, Stephen N. Jurich

Electronic Theses and Dissertations

This dissertation consists of three essays on merger outcomes. In the first essay I classify mergers as value-increasing, neutral, or value-decreasing by measuring the change in the combined wealth of acquiring- and target-firm shareholders at the merger announcement date. I then test the role that strategic objectives and negotiation procedures play in driving value-increasing mergers. The results indicate that geographic expansion creates the largest combined increase in wealth. One-on-one negotiations correspond to greater increases in combined wealth, when compared to mergers that begin with auctions, third-party bids, or mutual discussions. The results of my study support both the strategic-alignment and …

Industry Career Guide: Banking And Finance, Tereso S. Tullao Jr, Roberto Raymundo

Angelo King Institute for Economic and Business Studies (AKI)

The banking and finance sector performs a critical function in the Philippine economy as it is primarily responsible for the mobilization of domestic savings and the conversion of these funds into directly productive investments. Financing the needs of firms which desire to raise productive capacity by purchasing additional capital equipment, acquiring or leasing idle property, building and expanding factories, and increasing inventory are responsible for sustaining economic growth in the long term, alongside the creation of new jobs. It is very important for the banking and finance sector to continue finding ways to encourage households to save their unspent income …

Industry Career Guide: Manufacturing, Kurt Gerrard T. See, Mitzie Irene P. Conchada

Angelo King Institute for Economic and Business Studies (AKI)

Manufacturing sector in the Philippines has one of the largest contributions to the growth of the economy. Throughout the years, starting from the 1970s, the manufacturing sector has been one of the driving forces behind the country’s growth. It has proven its importance in the economy because of benefits such as employment generation and technological innovation.

Industry Career Guide Ownership Dwellings And Real Estate, Ma. Concepcion G. Latoja, Denise Serrano

Angelo King Institute for Economic and Business Studies (AKI)

This industry career guide on Ownership Dwelling and Real Estate (ODRE) aims to inform readers of the range of career options that are open to those who want to work in the industry. By presenting an array of occupations typically found in this field, the reader is informed of the basic requirements to land a specific job in this industry, the associated job environment and possibilities for job movement either in terms of promotion and/or moving laterally from one type of job to another within the industry. In the context of discussing job prospects, it lays out the issues surrounding …

Industry Career Guide: Transportation And Logistics, Gina Ledda, Rhory Fernandez

Angelo King Institute for Economic and Business Studies (AKI)

The transportation and logistics industries involve the physical movement of persons and goods. Logistics specifically refers to the transport of the goods, materials, or products, which includes the management of freight, storage, packaging, and inventory. Transport and logistics encompass a wide range of activities and play a vital role in the growth of other sectors of the Philippine economy. Extreme competition and growing international trade highlighted the role of the Service Sector where Transportation, Communication and Storage (TCS) is a component. In 2010, the Service Sector accounted for P3.2B (55%) of the real Gross Domestic Product (GDP) where TCS contributed …

Industry Career Guide: It-Bpo, Tereso S. Tullao Jr, Christopher James R. Cabuay, Rhory Fernandez, Denise Serrano

Angelo King Institute for Economic and Business Studies (AKI)

Off-shoring describes the relocation by a company of its business processes like manufacturing, operations, and support processes to other countries, particularly in global production networks. Outsourcing involves the contracting of a third party to perform the necessary processes within the company. The recent development of the ability of companies to outsource suppliers outside the nation gave rise to the concept of off-shoring which not only implies foreign inputs to work domestically, but involves cross-country collaborations as well. The Off-shoring and Outsourcing (O&O) Industry is known widely as the IT-BPO (Information Technology – Business Process Outsourcing) industry. The industry is relatively …

Pagtugon Sa Sari-Saring Panganib: Mga Aral Mula Sa Mga Krisis Pananalapi, Tereso S. Tullao Jr

Angelo King Institute for Economic and Business Studies (AKI)

Nitong nakaraang dalawang dekada, nakaranas ang mga ekonomiya sa iba’t ibang bahagi ng mundo ng tatlong matitinding krisis pananalapi. Ang mga ito ay nagdulot ng malalawak na pinsala sa mga mamamayan, pamahalaan at mahahalagang sektor ng ekonomiya lalo na sa sektor ng pananalapi.

Ang pagkalat ng krisis pananalapi tungo sa isang malawakang krisis ekonomiko ay nakasalalay sa sektor ng pananalapi lalo na ang pagbabangko. Makikita na maraming sa mga sanhi ng krisis ay nakaugat sa di maingat ng pagbabangko. May mga pagkakataon din na ang krisis ay hindi nagmumula sa mga bangko. Ngunit dahil ang mga bangko ay pangunahing sektor …

Pangangapital Sa Yamang-Tao: Susi Sa Pagsulong Ng Rehiyong Asya-Pacifico, Tereso S. Tullao Jr

Angelo King Institute for Economic and Business Studies (AKI)

Maraming akademiko ang naniniwala na ang mga pagbabago sa pagpasok ng ika-21 siglo ay nakatuon sa mga isyung natutungkol sa rehiyon ng Asya-Pasipiko. Ang mga tantiyang ito ay nakabatay sa mga makabuluhang pag-unlad ekonomiko at pagbabagong pulitikal na naranasan ng rehiyon sa mga nakaraang dekada. Sa hinaharap, tinataya na ang istruktura ng lipunan, ekonomiya at demograpiya ng rehiyon ay huhubugin ng ilang mahahalagang salik, kasama na ang pag-angat ng dalawang pinakamataong bansa sa mundo, ang Tsina at India, ang mahalagang papel na ginagampanan ng mga inobasyong teknolohikal na nagaganap sa mga papasulong na ekonomiya hindi lamang sa Japan at Korea …

Monitoring The Philippine Economy Year-End Report For 2014, Mitzie Irene P. Conchada, Edgardo Manuel Jopson

Angelo King Institute for Economic and Business Studies (AKI)

Despite doubts over growth prospects and challenges in the external market, the Philippine economy attained a solid 6.1 percent growth in 2014.

The Rise Of Hollywood East: Regional Film Offices As Intermediaries In Film And Television Production Clusters, Pacey Foster, Stephan Manning, David Terkla

Management and Marketing Faculty Publication Series

Prior research on project-based organizing in creative industries has emphasized the importance of regionally embedded institutions, creative networks and intermediaries in the development of regional project ecologies. Recently, film and television production in the United States has expanded beyond traditional clusters in Hollywood and New York to new locations in the United States, Canada and overseas, raising important questions about the dynamics of increasingly mobile creative project networks. Using data on the Massachusetts film and television industry between 1998 and 2010, it is argued that regional film offices play an increasingly important role as network intermediaries in connecting mobile creative …

Investing In The Arts As A Regional Economic Development Tool: A Case Study Of Suny Buffalo State College Arts Students, Dinash Lal Mpa

Public Administration Master’s Projects

The intent of this study was to determine the financial needs of the art students attending Buffalo State College when considering producing their art. In order to establish this need, this case study required the opinions of arts students on their current and future potential financial circumstances including, prospective income supplementation to produce their art work, ability to produce art work given their current and future financial outlooks, the importance of their financial circumstances in relation to the production of their art, the degree to which they currently or foresee the use of financial products and services to produce their …

Introduction To The Special Issue: Towards A Theoretical Understanding Of Innovation And Entrepreneurship In India, Sanjay Jain, Anil Nair, David Ahlstrom

Management Faculty Publications

Over the past few decades, India has become one of the world’s most vibrant economies (Chari & Banalieva, 2015). While the first forty years after India’s independence in 1947 was characterized by a sluggish annual growth rate (of approximately 3%), economic reforms initiated in 1991 have resulted in the GDP growing at a rate of around 6.8% in the last quarter century (Chari & Banalieva, 2015;McCloskey, 2010). Conversely, while the pre-reform institutional environment generally underemphasized and undermined entrepreneurial and innovative activity (Bardhan, 1994; Baumol, Litan, & Schramm, 2009;Sivaraman, 1991), the post-reform period has been characterized by a much wider acceptance …