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education distribution will boost productivity and real wages. … Pessoa and John Van Reenen. Their investigation of claims that wage growth has become 'decoupled' from productivity growth … finds that decoupling has been overstated and cannot be used to justify redressing the balance between wages and profits …
Persistent link: https://www.econbiz.de/10010721423
It is widely believed that in the US wage growth has fallen massively behind productivity growth. Recently, it has also … than median wages. We distinguish between "net decoupling" - the difference in growth of GDP per hour deflated by the GDP … hour deflated by the GDP deflator and median wages deflated by a measure of consumer price inflation. We would expect that …
Persistent link: https://www.econbiz.de/10010702081
Smart teenagers who engage in illicit activities are much more likely to become entrepreneurs, according to research by Ross Levine and Yona Rubinstein. But, they note, being self-employed doesn't necessarily make someone an entrepreneur: recognising this distinction has enabled them to detect...
Persistent link: https://www.econbiz.de/10010721420
We disaggregate the self-employed into incorporated and unincorporated to distinguish between "entrepreneurs" and other business owners. The incorporated self-employed have a distinct combination of cognitive, noncognitive, and family traits. Besides coming from higher-income families with...
Persistent link: https://www.econbiz.de/10010690205
For both practitioners and researchers, span of control plays an important role in defining and understanding the role of the CEO. In this paper, we combine organizational chart information for a sample of 65 companies with detailed data on how their CEOs allocate their work time, which we...
Persistent link: https://www.econbiz.de/10010543481
, where family ownership is widespread and the productivity dispersion across firms is substantial. Time use analysis of 356 … devote to work activities, and longer working hours are associated with higher firm productivity, growth, profitability and …
Persistent link: https://www.econbiz.de/10010721416