, and (iii) productivity and growth, relative to the contributions of the entrepreneurs’ counterparts, i.e. the ‘control … very important - but specific - function in the economy. They engender relatively much employment creation, productivity …

and the role of labor hoarding as an explanation of procyclical productivity and the persistence of inventory stocks …

panel of industries in 17 countries from 1993-2007. We find that industrial robots increased both labor productivity and ….37 percentage points. We also find that robots increased both wages and total factor productivity. While robots had no significant …

A main prediction of agency theory is the well known risk-incentive trade-off. Incentive contracts should be found in … environments with little uncertainty and for agents with low degrees of risk aversion. There is an ongoing debate in the literature … use of a unique representative data set, we find clear evidence that risk aversion has a highly significant and …

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. …

productivity of workers. In this paper I set out the conceptual basis for such measures, provide some historical examples, and then …

to answer this question. A union monitors establishments in an industry to learn about their productivity and decides …

interactions that increase productivity), possibly reinforced by localised natural advantage. To distinguish between them, we nest … larger cities left-truncates the productivity distribution whereas stronger agglomeration right-shifts and dilates the … cannot explain spatial productivity differences. This result holds across sectors, city size thresholds, establishment …

economic environment and their contributions to aggregate productivity growth in the period following the implementation of the … North American Trade Agreement (NAFTA). In all industries, an overwhelming share of aggregate productivity growth is … export status and provides an explanation for the lackluster average productivity performance of exporting plants. …

and gender) and its performance (productivity and profitability) for a large representative sample of enterprises from … level surveys performed by the Statistical Offices. Our micro-econometric analysis confirms previous findings of concave age-productivity … profiles, which are consistent with human capital theory, and adds a new finding of a rather negative effect of age on firms …