Showing 1 - 10 of 179
A real wage rate is a nominal wage rate divided by the price of a good and is a transparent measure of how much of the good an hour of work buys. It provides an important indicator of the living standards of workers, and also of the productivity of workers. In this paper I set out the conceptual...
Persistent link: https://www.econbiz.de/10012460654
across the world. We do so by calculating how many years ago these technologies were used in the U.S. at the same intensity … as they are used in the countries in our sample. We denote these time lags as technology usage lags and compare them with … lags in real GDP per capita. We find that (i) technology usage lags are large, often comparable to lags in real GDP per …
Persistent link: https://www.econbiz.de/10012465984
We suggest that the geographical patterns of income differences across the world have deep underpinnings. We emphasize … characteristics of economies. Per capita incomes differ around the world in no small part because of sharp differences across regions …, technology, and geography, and that none of these alone is sufficient to account for the diverse patterns of global growth. We …
Persistent link: https://www.econbiz.de/10012459151
This paper examines cross-country differences in labour policies and practices and employee performance and attitudes toward work from a sample of nearly 30,000 employees in a large multinational manufacturing firm. The analysis shows: 1) large establishment and country differences in work...
Persistent link: https://www.econbiz.de/10012465420
respectively to the Fraser Institute and World Economic Forum reports, the GLS and the labor market components of the economic … countries around the world, covering issues such as freedom of association, the regulation of work contracts, employee benefits …) and competitiveness (World Economic Forum) …
Persistent link: https://www.econbiz.de/10012467079
This paper reviews the theoretical arguments for and against linking international labor standards to trade. Based on theory alone it is difficult to generalize about the effect of labor standards on efficiency and equity. Some economists have argued that international labor standards are merely...
Persistent link: https://www.econbiz.de/10012473213
In this paper, we develop a model of technology adoption and economic growth in which households optimally obtain … between their growth rates will increase with the growth rate of available technology. By characterizing the optimal Ramsey … available technology. Our theory suggests that European education policies that favored specialized, vocational education might …
Persistent link: https://www.econbiz.de/10012469295
Emeryville, CA's Fair Workweek Ordinance (FWO) aimed to reduce service workers' schedule unpredictability by requiring large retail and food service employers to provide advanced notice of schedules and to compensate workers for last-minute schedule changes. From a 1-in-6 sample of Emeryville...
Persistent link: https://www.econbiz.de/10012938761
This paper analyzes how computerization affected the labor market outcomes of older workers between 1984 and 2017. Using the computerization supplements of the Current Population Survey (CPS) we show that different occupations were computerized at different times, older workers tended to start...
Persistent link: https://www.econbiz.de/10012510579
We provide a comprehensive overview of codetermination, i.e., worker representation in firms' governance and management. We cover the institution's history, implementation, and the best available evidence on its economic impacts. We argue that existing quasiexperimental estimates suggest that...
Persistent link: https://www.econbiz.de/10012585405