Showing 1 - 10 of 12
towards the global frontier country, perhaps due to learning and knowledge spillovers. More recently, studies within countries … are able to benefit from domestic knowledge. …
Persistent link: https://www.econbiz.de/10005123710
Using two matched plant level skills and productivity datasets for UK manufacturing we document that (i) more productive firms hire more skilled workers: in 2000, plants at the top decile of the TFP distribution (controlling for their four-digit industry) hired workers with, on average, around...
Persistent link: https://www.econbiz.de/10005497762
We estimate the impact of skilled and unskilled labour shortages on productivity and wages in the United Kingdom. Skill shortages are higher on average and more variable over the business cycle in the United Kingdom than in comparable economies. Unskilled shortages are comparatively rare, so...
Persistent link: https://www.econbiz.de/10005114465
An enormous number of empirical papers have estimated technical efficiency, the distance of firms inside a frontier, following the model of Farrell (1957). We propose a theory that explains the distance these empirical papers seek to measure. The theory is based on the idea that workers can...
Persistent link: https://www.econbiz.de/10005661534
We use a new sample of UK female identical twins to estimate private economic returns to education. We report findings in three areas. First, we use identical twins, to control for family effects and genetic ability bias, and the education reported by the other twin to control for schooling...
Persistent link: https://www.econbiz.de/10005662039
Persistent link: https://www.econbiz.de/10010820555
in Mises and Hayek's explanations of the different hases of the trade cycle, by underlying the role played by knowledge …
Persistent link: https://www.econbiz.de/10008790672
The purpose of this contribution is to investigate the problem of the room attributed to individual economic rationality by circulation approaches. Our investigation will not privilege however the modern contributions of this approach but will instead utilize the works of some economists of the...
Persistent link: https://www.econbiz.de/10008790813
This book surveys how economists engage with knowledge and beliefs in various fields of economic analysis, such as … perspective on the meaning, as well as the role, of knowledge and beliefs in economics in the future. Possible lines of future … action are discussed.A platform for future research and investigation into the role of knowledge and beliefs in economics …
Persistent link: https://www.econbiz.de/10008791568
Persistent link: https://www.econbiz.de/10008794026