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作者：Limodio, Nicola
作者单位：Bocconi University
摘要：The allocation of bureaucrats across tasks constitutes a pivotal instrument for achieving an organisation's objectives. In this paper, I measure the performance of World Bank bureaucrats by combining the universe of task assignment with an evaluation of task outcome and bureaucrat CVs. I introduce two stylised facts. First, bureaucrat performance correlates with task features and individual characteristics. Second, there exists a negative assortative matching between high-performing bureaucrat...
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作者：Szumilo, Nikodem
作者单位：University of London; University College London
摘要：The paper identifies neighbourhood price spillovers in the housing market. Although this concept has attracted some theoretical research and is strongly supported by practitioners, it has proven very difficult to show in empirical data. By using the linear-in-means model, which is routinely applied to identify endogenous effects in groups of peers, the study summarises all threats to identification and demonstrates how they can be addressed by exploiting information asymmetry between buyers of...
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作者：Andersson, Ola; Carlson, Jim Ingebretsen; Wengstrom, Erik
作者单位：Uppsala University; Research Institute of Industrial Economics (IFN); Lund University; Hanken School of Economics
摘要：Several behavioural models of choice assume that decision makers place more weight on attributes where options differ more, an assumption we test in a set of experiments. We find that subjects are more likely to choose an option when we add options increasing the maximal difference in the original option's strongest attribute, suggesting that the decision maker's focus is drawn to attributes with a high spread. Additional experiments corroborate this finding. Still, we document that the focusi...
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作者：Bircan, Cagatay; Saka, Orkun
作者单位：European Bank of Reconstructon & Development; University of Sussex; University of London; London School Economics & Political Science
摘要：We document a strong political cycle in bank credit and industry outcomes in Turkey. In line with theories of tactical redistribution, state-owned banks systematically adjust their lending around local elections compared with private banks in the same province based on electoral competition and political alignment of incumbent mayors. This effect only exists in corporate lending and creates credit constraints for firms in opposition areas, which suffer drops in assets, employment and sales but...
