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correlates; and (c) the link between TVA and teacher wages. Teachers are highly effective in our setting: Moving a student from … between TVA and wages in the public sector (although there is in the private sector), and a policy change that shifted public … hiring from permanent to temporary contracts, reducing wages by 35 percent, had no adverse impact on TVA, either immediately …
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productivity and wages. Workers receiving training are on average more productive than workers not receiving training. This makes … productivity. Average wages increase only by 0.5%. Sectoral spillovers between firms that train workers are found, but only in … firms more productive. On-the-job training increases firm level measured productivity between 1 and 2%, compared to firms …
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We identify the main shock driving fluctuations in long‐horizon productivity expectations, consistent with theories of … stock prices even though TFP does not change significantly for more than 2 years. A labor search model in which wages are …‐finding rates. The proposed wage rule is consistent with empirical responses of wages to both anticipated and unanticipated …
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potentially green industries outperform the others in terms of employment, average wages, value added and productivity, net of … implies an increase in employment and value added. In contrast, average wages and labour productivity remain unchanged. These …
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Economic growth requires factor reallocation across firms and continuous replacement of technologies. Labor market institutions influence economic dynamism by their impact on the supply of a key factor, skilled workers to new and expanding firms, and the shedding of workers from declining and...
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