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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
Are some management practices akin to a technology that can explain firm and national productivity, or do they simply …-weighted average management score. We present a formal model of "Management as a Technology", and structurally estimate it using panel …
Persistent link: https://www.econbiz.de/10012456349
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
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
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
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
We use a rich new body of data on the experiences of unemployed jobseekers to determine the sources of wage dispersion and to create a search model consistent with the acceptance decisions the jobseekers made. Heterogeneity in non-wage job values or amenities among jobseekers and jobs is a...
Persistent link: https://www.econbiz.de/10012456907
People with disabilities have low employment and wage levels, and some studies suggest employer discrimination is a contributing factor. Following the method of Bertrand and Mullainathan (2003), new evidence is presented from a field experiment that sent applications in response to 6,016...
Persistent link: https://www.econbiz.de/10012457109
This paper provides a theoretical and empirical analysis of the intrinsic preferences of state appellate court judges. We construct a panel data set using published decisions from state supreme court cases merged with institutional and biographical information on all (1,636) state supreme court...
Persistent link: https://www.econbiz.de/10012458001