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wages would depend on the presence of controls for individual productivity. In this paper we replicate, using personnel data … effect of seniority on wages does not reflect a higher productivity of more senior workers. Theories in which wages are …Wages may be observed to increase with seniority because of firm-specific human capital accumulation or because of self …
Persistent link: https://www.econbiz.de/10005504362
wage affects wages even though, after imposition, the lowest wage in the market exceeds the minimum wage. The model has …
Persistent link: https://www.econbiz.de/10005666625
productivity) is low. Secondly, our estimates of the effects of training on wages are about half the size of the effects on …There is a vast empirical literature on the effects of training on wages that are taken as an indirect measure of … productivity. This paper is part of a smaller literature on the effects of training on direct measures of industrial productivity …
Persistent link: https://www.econbiz.de/10005667047
market. First, the lowest academic rank is a strong port of entry and the highest rank is a port of exit. Second, wages do …
Persistent link: https://www.econbiz.de/10008468561
Two literatures exist concerning cross-border merger activity’s impact on domestic wages: one focusing on spillover …) unionization rates and under high (low) degrees of relatedness. Employing US firm-level panel data on wages combined with industry … cross-border merger activity generate positive spillovers to wages, but are more likely to generate firm-level wage …
Persistent link: https://www.econbiz.de/10011083984
-state equilibria in which productivity grows at the same rate as wages, the real interest rate is below the laissez-faire level, and so …-equilibrium model with endogenous productivity growth. For real wage growth above laissez-faire levels, we obtain steady … constant rate equal to the difference between the growth rates of productivity and output. This contrasts with the view that …
Persistent link: https://www.econbiz.de/10005789120
Our model studies the evolution of productivity growth in a competitive industry. The exogenous wage rate determines … the firms' engagement in labour productivity enhancing process innovation. There is a unique steady state of the industry …
Persistent link: https://www.econbiz.de/10005791341
In this Paper, I present direct micro-econometric evidence of the relation between individual wages of French workers …’ wages not only comes from movements in the quasi-rent induced by competitive pressures but also from alterations of workers … my results, I find a bargaining power below 0.20. I also show that workers’ wages deteriorate through competitive …
Persistent link: https://www.econbiz.de/10005123663
We study the relation between product quality and worker quality using an economic model that, under certain conditions, provides a direct link between product price, product quality and work-force quality. Our measures of product quality are the evolution in the detailed product price relative...
Persistent link: https://www.econbiz.de/10005497935
Controlling for labour productivity, income levels, and other possible determinants, there is a robust and … statistically significant association between the extent of democratic rights and wages received by workers. The association exists … improvements result from the enhancement of democratic institutions: average wages in a country like Mexico would be expected to …
Persistent link: https://www.econbiz.de/10005498191