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Demand- and Supply-Side Policies and Unemployment: Policy Implications of the Insider-Outsider Approach
Lindbeck, Assar; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1989
labor costs. Our analysis indicates that when wages and prices are flexible, product demand policies have no significant …
Persistent link: https://www.econbiz.de/10005666572
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Insider Forces and Wage Determination
Nickell, Stephen; Wadhwani, Sushil B - C.E.P.R. Discussion Papers - 1989
productivity relative to the aggregate economy leads to a rise in relative wages of 0.1-0.2%. As a corollary to this, outside …
Persistent link: https://www.econbiz.de/10005791514
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Wages and Productivity Growth in a Dynamic Monopoly
Bester, Helmut; Petrakis, Emmanuel - C.E.P.R. Discussion Papers - 2001
to reduce its labour costs. If the level of wages is sufficiently low, the firm's rate of productivity growth approaches …
Persistent link: https://www.econbiz.de/10005067455
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How Did Japan Catch-Up On The West? A Sectoral Analysis Of Anglo-Japanese Productivity Differences, 1885-2000
Broadberry, Stephen N; Fukao, Kyoji; Zammit, Nick - C.E.P.R. Discussion Papers - 2015
exporter of manufactured goods not simply by catching-up in labour productivity terms, but by holding the growth of real wages …
Persistent link: https://www.econbiz.de/10011272720
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Productivity Growth, Consumer Confidence and the Business Cycle
Danthine, Jean-Pierre; Donaldson, John B; Johnsen, Thore - C.E.P.R. Discussion Papers - 1998
The objective of this paper is to provide, in the context of a dynamic general equilibrium model, an answer to the following five questions: 1) To what extent does an economy subject to regular variations in labour productivity growth differ from one where labour productivity is constant? 2)...
Persistent link: https://www.econbiz.de/10005662360
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Manufacturing and the Convergence Hypothesis: What the Long Run Data Show
Broadberry, Stephen N - C.E.P.R. Discussion Papers - 1992
The commonly accepted chronology for comparative productivity levels based on GDP data does not apply to the manufacturing sector, where there is evidence of a much greater degree of stationarity of comparative labour productivity performance among the major industrialized countries of Germany,...
Persistent link: https://www.econbiz.de/10005788874
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Productivity, Wages and Prices Inside and Outside of Manufacturing in the US, Japan and Europe
Gordon, Robert J - C.E.P.R. Discussion Papers - 1986
This paper studies the dynamic behaviour of changes in productivity, wages, and prices. Results are based on a new data … exaggerated in recent work. Europe has neither greater nominal wage flexibility nor more rigid real wages than the United States … any of the benefits of increased output. The analysis of real wages also yields new results. A consistent treatment of the …
Persistent link: https://www.econbiz.de/10005789135
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Performance Related Pay and Labour Productivity
Gielen, Anne; Kerkhofs, Marcel J M; Ours, Jan C van - C.E.P.R. Discussion Papers - 2006
This paper uses information from a panel of Dutch firms to investigate the labour productivity effects of performance related pay (PRP). We find that PRP increases labour productivity at the firm level with about 9%.
Persistent link: https://www.econbiz.de/10005791770
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Comparative Productivity in East and West German Manufacturing Before Reunification
Van Ark, Bart - C.E.P.R. Discussion Papers - 1994
We provide comparisons between East and West Germany before reunification of relative levels of output per hour in manufacturing industries. The comparisons are based on the industry of origin approach which makes use of information on value added and employment derived from production...
Persistent link: https://www.econbiz.de/10005792123
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The Effects of Permanent Technology Shocks on Labour Productivity and Hours in the RBC Model
Lindé, Jesper - C.E.P.R. Discussion Papers - 2005
Recent work on the effects of permanent technology shocks argue that the basic RBC model cannot account for a negative correlation between hours worked and labour productivity. In this Paper, I show that this conjecture is not necessarily correct. In the basic RBC model, I find that hours worked...
Persistent link: https://www.econbiz.de/10005123547