This study examines whether institutional investors’ voting for All-Star financial analysts is affected by analyst beauty. Using a sample of 1,135 U.S. analysts and controlling for analyst performance, we document that beauty, on average, does not affect the outcome of All-Star analyst voting. However, a beauty premium emerges in those sectors where there is high information asymmetry on analys...

Wage Effects of On-the-Job Training: A Meta-Analysis A meta-analysis is used to study the average wage effects of on-the-job training. This study shows that the average reported wage effect of on-the-job training, corrected for publication bias, is 2.6 per cent per course. The analyses reveal a substantial heterogeneity between training courses, while wage effects reported in studies based on i...

An employer-employee panel is used to study whether the movement of workers across firms is a channel of unintended diffusion of R&D-generated knowledge. Somewhat surprisingly, hiring workers from others’ R&D labs to one’s own does not seem to be a significant spillover channel. Hiring workers previously in R&D to one’s non-R&D activities, however, boosts both productivity and profitability. Th...

Micro-entrepreneurs often lack the financial literacy required for the complex financial decisions they face. We conduct a randomized control trial with a bank in the Dominican Republic to compare the impact of two distinct programs: a standard accounting training versus a simplified, rule-of-thumb training that teaches basic financial heuristics. Only the latter produced significant improvemen...

We show that firms with chief executive officers (CEOs) who gain general managerial skills over their lifetime work experience invest more in R&D and produce more patents. We address the potential endogenous CEO-firm matching bias using firmand CEOfixed effects and variation in the enforceability of non-compete agreements across states and over time during the CEO’s career. Our findings suggest...

The article discusses the concept of work motivation by identification it’s level for getting more clear view about possibilities to improve business performance. presents sociological research methodology focused on longitudinal monitoring three specific indicators performed in Institute Social Technologies at Samara State University (Russian Federation), which is common harmonized EU Program ...

In this paper, we review the literature on declining business dynamism and its implications in United States propose a unifying theory to analyze symptoms potential causes of decline. We first highlight 10 pronounced stylized facts related documented discuss some existing attempts explain them. then describe theoretical framework endogenous markups, innovation, competition that can potentially ...

In response to recent concerns expressed by Indian industry about the ‘employability’ of school and university graduates, this article examines role pedagogy in developing life skills (or twenty-first-century skills) how these can be incorporated school/university curriculum. Recent curricular frameworks have within curriculum stressing importance inquiry collaborative work through all subjects...