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Managerial Quality and Productivity Dynamics / Achyuta Adhvaryu, Anant Nyshadham, Jorge A. Tamayo.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Adhvaryu, Achyuta.
Contributor:
National Bureau of Economic Research.
Nyshadham, Anant.
Tamayo, Jorge A.
Series:
Working Paper Series (National Bureau of Economic Research) no. w25852.
NBER working paper series no. w25852
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2019.
Summary:
Which managerial skills, traits, and practices matter most for productivity? How does the observability of these features affect how appropriately they are priced into wages? Combining two years of daily, line-level production data from a large Indian garment firm with rich survey data on line managers, we find that several key dimensions of managerial quality, like attention, autonomy, and control, are important for learning-by-doing as well as for overall productivity, but are not commensurately rewarded in pay. Counterfactual simulations of our structural model show large gains from screening potential hires via psychometric measurement and training to improve managerial practices.
Notes:
Print version record
May 2019.

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