Showing 1 - 10 of 11
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
century? After years of inadequate investment in skills, infrastructure and innovation, there are longstanding structural …
Persistent link: https://www.econbiz.de/10010604795
The skill gap in geographical mobility is entirely driven by workers who report moving for a new job. A natural explanation lies in the large expected surplus accruing to skilled job matches. Just as large surpluses ease the frictions which impede job search in general, they also help overcome...
Persistent link: https://www.econbiz.de/10011194313
This paper makes use of the substantial information about the psychological and behavioural development of children by age ten in the 1970 Cohort to predict later, economic outcomes, namely qualifications, employment and earnings. It is found that this previously unobserved individual...
Persistent link: https://www.econbiz.de/10005016929
much displacement of UK workers or lower wages, on average. Immigrants, especially in recent years, tend to be younger and …
Persistent link: https://www.econbiz.de/10010772552
have been exaggerated. It is hard to find evidence of much displacement of UK workers or lower wages, on average … have experienced greater downward pressure on wages and greater competition for jobs than others, but these effects still …
Persistent link: https://www.econbiz.de/10010583445
still not, on average, materialised. It is hard to find evidence of much displacement of UK workers or lower wages, on …
Persistent link: https://www.econbiz.de/10011185847