Showing 1 - 10 of 128
It is standard in the literature on training to use wages as a sufficient statistic for productivity. But there are … many reasons why wages and productivity may diverge. This paper is part of a smaller literature on the effects of work … training, productivity and wages. Using a variety of econometric estimation techniques (including system GMM) we find that …
Persistent link: https://www.econbiz.de/10005150978
How and by how much do supervisors enhance worker productivity? Using a company-based data set on the productivity of …
Persistent link: https://www.econbiz.de/10011096841
Why did productivity rise during recent recessions? One possibility is that average worker quality increased. A second … 2010 on individual worker productivity from a large firm, these effects can be measured and separated. For this firm, most … of the gain in productivity during the recession was a result of increased effort. Additionally, the increase in effort …
Persistent link: https://www.econbiz.de/10011099877
locate across regions with distinct distributions of workers and wages. Firm technologies which best match regional labor … markets explain both productivity differences and firm density. Estimating structural model parameters is simple and relies on … model, we find that labor markets which provide cost advantages explain substantial differences in firm productivity …
Persistent link: https://www.econbiz.de/10010598185
, where family ownership is widespread and the productivity dispersion across firms is substantial. Time use analysis of 356 … devote to work activities, and longer working hours are associated with higher firm productivity, growth, profitability and …
Persistent link: https://www.econbiz.de/10010721416
We use a new industry-level dataset to quantify the role of ICT in explaining productivity growth in the UK, 1970 … productivity growth in the market sector. Econometric evidence also supports an important role for ICT. We also find econometric …
Persistent link: https://www.econbiz.de/10005796123
This paper sets out a general algorithm for calculating true cost-of-living indices or true producer price indices when demand is not homothetic, i.e. when not all expenditure elasticities are equal to one. In principle, economic theory tells us how we should calculate a true cost-of-living...
Persistent link: https://www.econbiz.de/10008476317
Studies of firm-level data have shown that there is a huge dispersion of productivity across firms even when industries … productive. The formers' convergence could therefore constitute an important part of productivity growth at the macroeconomic … which can explain it. Productivity convergence was stronger for labour productivity than for total factor productivity. But …
Persistent link: https://www.econbiz.de/10005256474
It is widely believed that in the US wage growth has fallen massively behind productivity growth. Recently, it has also … than median wages. We distinguish between "net decoupling" - the difference in growth of GDP per hour deflated by the GDP … hour deflated by the GDP deflator and median wages deflated by a measure of consumer price inflation. We would expect that …
Persistent link: https://www.econbiz.de/10010702081
education distribution will boost productivity and real wages. … Pessoa and John Van Reenen. Their investigation of claims that wage growth has become 'decoupled' from productivity growth … finds that decoupling has been overstated and cannot be used to justify redressing the balance between wages and profits …
Persistent link: https://www.econbiz.de/10010721423