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world market? We quantify the contribution of oil by setting up a model with separate shocks to efficiencies of capital …To what extent is the international business cycle affected by the fact that an essential input (oil) is traded on the …/labor and oil, as well as global shocks to the oil supply. We find that the shocks to the supply and the efficiency of oil both …
Persistent link: https://www.econbiz.de/10011657454
hiring and firing of workers, labour reallocation and productivity growth. It also reviews how workers affected by labour … labour market flows and these flows, in turn, have significant impacts on productivity growth. At the same time, the evidence …
Persistent link: https://www.econbiz.de/10009153475
missed. Looking at the relationship between FDI growth on one hand and labour productivity, capital productivity and …
Persistent link: https://www.econbiz.de/10011392225
Studies regarding the migrants' impact upon performance variables and in particular upon productivity growth - which is … industries and regions and output and productivity growth. We do obtain robust results with respect to the positive impact of the … - on the relationship between productivity growth and the shares of migrants and of high-skilled migrants in overall …
Persistent link: https://www.econbiz.de/10011392342
productivity directly, by reallocating resources towards more productive uses, but also indirectly through the effects of increased …
Persistent link: https://www.econbiz.de/10011337988
In medieval times, most people identified with religious values and aggregate income and productivity grew at glacier … speed. In the 20th century, religion played a much lesser role in daily life and income and productivity grew at high and … worldly pleasures and aggregate productivity takes off. An extension of the basic model investigates the Protestant …
Persistent link: https://www.econbiz.de/10010357676
Historical data for over hundred years and 14 countries is used to estimate the long-run effect of productivity on the … real exchange rate. We find large variations in the productivity effect across four distinct monetary regimes in the sample … argue that changes in trade costs over time may affect the impact of productivity on the real exchange rate over time. We …
Persistent link: https://www.econbiz.de/10010374513
The paper surveys the literature on the effects of finance on productivity growth. In both the theoretical and … growth. Clearer positive effects emerge when considering growth channels related to productivity dynamics, with the estimated …
Persistent link: https://www.econbiz.de/10009791192
Persistent link: https://www.econbiz.de/10011435874
Are some management practices akin to a technology that can explain company and national productivity, or do they … cross-country total factor productivity differences. …
Persistent link: https://www.econbiz.de/10011486495