total factor productivity and by the capital stock per capita. These variables suffice to calculate welfare changes within a … the degree of market competition. It applies to open economies as well, if total factor productivity is constructed using … productivity be constructed with prices and quantities as perceived by consumers, not firms. Thus, factor shares need to be …

values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …

We estimate the impact of workforce diversity on productivity, wages and productivity-wage gaps (i.e. profits) using … econometric issues, show that educational (age) diversity is beneficial (harmful) for firm productivity and wages. The … industries. Overall, findings do not point to sizeable productivity-wage gaps except for age diversity. …

between wage/productivity differentials and the firm's labor composition in terms of part-time and sex. Findings suggest that … lower wages for women, relatively higher productivity for part-timers). Interactions between gender and part-time suggest … that the positive productivity effect is driven by male part-timers working more than 25 hours, whereas the share of female …

We provide first evidence regarding the direct impact of educational mismatch on firm productivity. To do so, we rely … productivity, we find that: i) a higher level of required education exerts a significantly positive influence on firm productivity …, ii) additional years of over-education (both among young and older workers) are beneficial for firm productivity, and iii …