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Kathryn L Shaw - One of the best experts on this subject based on the ideXlab platform.
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personnel economics The Economist s view of human resources
Journal of Economic Perspectives, 2007Co-Authors: Edward P Lazear, Kathryn L ShawAbstract:Personnel economics drills deeply into The firm to study human resource management practices like compensation, hiring practices, training, and teamwork. Many questions are asked. Why should pay vary across workers within firms--and how "compressed" should pay be within firms? Should firms pay workers for Their performance on The job or for Their skills or hours of work? How are pay and promotions structured across jobs to induce optimal effort from employees? Why do firms use teams and how are teams used most effectively? How should all These human resource management practices, from incentive pay to teamwork, be combined within firms? Personnel economics offers new tools and new answers to These questions. In this paper, we display The tools and principles of personnel economics through a series of models aimed at addressing The questions posed above. We focus on The building blocks that form The foundation of personnel economics: The assumptions that both The worker and The firm are rational maximizing agents; that labor markets and product markets must reach some price-quantity equilibrium; that markets are efficient or that market failures have introduced inefficiencies; and that The use of econometrics and experimental techniques has advanced our ability to identify underlying causal relationships.
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personnel economics The Economist s view of human resources
Journal of Economic Perspectives, 2007Co-Authors: Edward P Lazear, Kathryn L ShawAbstract:Personnel economics drills deeply into The firm to study human resource management practices like compensation, hiring practices, training, and teamwork. Why should pay vary across workers within firms -- and how "compressed" should pay be within firms? Should firms pay workers for Their performance on The job or for Their skills or hours of work? How are pay and promotions structured across jobs to induce optimal effort from employees? Why do firms use teams and how are teams used most effectively? How should all These human resource management practices, from incentive pay to teamwork, be combined within firms? Personnel Economists offer new tools to analyze These questions -- and new answers as well.
Jungwon Suh - One of the best experts on this subject based on the ideXlab platform.
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home bias among institutional investors a study of The Economist quarterly portfolio poll
Journal of The Japanese and International Economies, 2005Co-Authors: Jungwon SuhAbstract:Abstract I study The home bias pattern in international portfolios recommended by global financial institutions. These recommended portfolios from The Economist Quarterly poll provide an interesting research opportunity because transaction costs and oTher observable barriers in cross-border portfolio investments do not interfere with asset allocation decisions of The polled institutions. Thus, an examination of this poll data can shed light on The role of unobservable factors in international portfolio investments. I find that The institutions tilt recommendations towards Their home markets; They change home market weights more frequently relative to oTher market weights or relative to institutions from oTher countries; and They change weights of geographically distant markets less often than oTher market weights. Overall, The evidence from The analysis suggests that home bias can arise from unobservable factors such as information asymmetry and investor optimism. J. Japanese Int. Economies 19 (1) (2005) 72–95.
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home bias among institutional investors a study of The Economist quarterly portfolio poll
Social Science Research Network, 2001Co-Authors: Jungwon SuhAbstract:This paper studies The equity home bias puzzle by examining international portfolios recommended by institutional investors. These recommended portfolios from The Economist quarterly poll allow us to isolate The role of information asymmetry in international portfolio investments. The results show that The recommended portfolios exhibit home bias both in The level of portfolio holdings and in The frequency of portfolio adjustments. Specifically, institutions' recommendations are tilted towards home markets relative to benchmark portfolios. In addition, institutions tend to change home market weights more frequently than foreign market weights or than institutions from oTher countries do. The evidence in this study is consistent with The information story of home bias.
Edward P Lazear - One of the best experts on this subject based on the ideXlab platform.
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personnel economics The Economist s view of human resources
Journal of Economic Perspectives, 2007Co-Authors: Edward P Lazear, Kathryn L ShawAbstract:Personnel economics drills deeply into The firm to study human resource management practices like compensation, hiring practices, training, and teamwork. Many questions are asked. Why should pay vary across workers within firms--and how "compressed" should pay be within firms? Should firms pay workers for Their performance on The job or for Their skills or hours of work? How are pay and promotions structured across jobs to induce optimal effort from employees? Why do firms use teams and how are teams used most effectively? How should all These human resource management practices, from incentive pay to teamwork, be combined within firms? Personnel economics offers new tools and new answers to These questions. In this paper, we display The tools and principles of personnel economics through a series of models aimed at addressing The questions posed above. We focus on The building blocks that form The foundation of personnel economics: The assumptions that both The worker and The firm are rational maximizing agents; that labor markets and product markets must reach some price-quantity equilibrium; that markets are efficient or that market failures have introduced inefficiencies; and that The use of econometrics and experimental techniques has advanced our ability to identify underlying causal relationships.
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personnel economics The Economist s view of human resources
Journal of Economic Perspectives, 2007Co-Authors: Edward P Lazear, Kathryn L ShawAbstract:Personnel economics drills deeply into The firm to study human resource management practices like compensation, hiring practices, training, and teamwork. Why should pay vary across workers within firms -- and how "compressed" should pay be within firms? Should firms pay workers for Their performance on The job or for Their skills or hours of work? How are pay and promotions structured across jobs to induce optimal effort from employees? Why do firms use teams and how are teams used most effectively? How should all These human resource management practices, from incentive pay to teamwork, be combined within firms? Personnel Economists offer new tools to analyze These questions -- and new answers as well.
Kluge Stefan - One of the best experts on this subject based on the ideXlab platform.
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The Economist Historical Advertisements
2021Co-Authors: Kluge StefanAbstract:This dataset contains metadata of historical advertisements from all 8,840 issues of The Economist magazine, years 1843 to 2014. It is part of a series of datasets related to The Economist Historical Archive (https://www.gale.com/intl/c/The-Economist-historical-archive)
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The Economist Historical Advertisements - Industry Subset "Banking"
2021Co-Authors: Kluge StefanAbstract:92,592 Advertisements from The banking industry that have been published in The Economist from 1843 to 2014
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The Economist Historical Advertisements - Faces Dataset
2021Co-Authors: Kluge StefanAbstract:sues of The Economist magazine, years 1843 to 2014. Hereby, we used a state of The art classifier to detect said faces: https://pythonrepo.com/repo/timesler-facenet-pytorch-python-deep-learning
Susanne Becken - One of the best experts on this subject based on the ideXlab platform.
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oil depletion or a market problem a framing analysis of peak oil in The Economist news magazine
Energy research and social science, 2014Co-Authors: Susanne BeckenAbstract:Abstract Despite an increase of oil production from unconventional resources, concerns about The depletion of ‘cheap oil’ are more imminent than ever. Recognising The importance of media in influencing public opinion, risk perceptions and policy making, this research presents a framing analysis of peak oil in The Economist s’ news magazine (2008 and 2012). One hundred and seventy articles, of which 58 focused on energy security and oil production, were analysed using content and discourse analysis. Coverage was multi-facetted, and included oil depletion as one storyline within The supply challenge frame, especially during times of very high oil prices. Oil prices and The rapid growth in ‘fracking’ were found to be critical discourse moments, influencing The nature of oil coverage in The Economist . Overall, due to The Economist 's neoliberal ideology and The resulting optimistic framing of market forces and new technologies, this research found that The news magazine does not contribute majorly to enhancing The public debate on peak oil.