knowledge sector is bounded, as productivity increases, the economy moves from a “Solovian zone“ where wages increase with … productivity, to a “Marxian“ zone where they paradoxically decline with productivity. This is because as consumption of a given … creativity is more unevenly distributed than productivity, technical progress always increases inequality. Redistribution from …

Does the concept of General Purpose Technologies help explain periods of faster and slower productivity advance in …, Britain, France, Germany and Japan and proceeds to evaluate the hypothesis of a productivity bonus as postulated by many … there was no generalized productivity boost from electrical power diffusion as postulated by many existing GPT models. The …

identification. On the return to work after the birth, mothers’ wages drop by 3 to 5.7 per cent per year of leave. We find negative …

development of wages and employment across skill groups, there is considerable disagreement to explain these trends, in particular …

The paper scrutinizes the role of wages and capital flows for competitiveness in the new EU member states in the … trace cyclical deviations of real exchange rates from the productivity-driven equilibrium path. Panel estimations for the …