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Investment in human capital is a central issue in the literature on economic growth. The purpose of this study is to shed light on the economic incentives for investment in university education across countries. An empirical investigation of earnings for private-sector engineers and business...
Persistent link: https://www.econbiz.de/10005645409
performed, wages should in principle reflect productivity differences and that it is more difficult to discriminate on the basis … of the gap is due to productivity differences. <p> The main finding is that the productivity differences between sexes in … or less independent of supposed productivity differences between men and women, while under piece-rate work. The wage gap …
Persistent link: https://www.econbiz.de/10011019064
the cost and productivity effects, this specification is integrated into a flexible neoclassical cost function. …
Persistent link: https://www.econbiz.de/10005486498
-2000. We find that foreign privatized firms have realized larger productivity gains than all types of domestic firms and that …-specific knowledge. Foreign greenfields have the highest average labour productivity, while foreign privatizations show the largest … productivity increase. …
Persistent link: https://www.econbiz.de/10005645439
the cost and productivity effects, this specification is integrated into a flexible neoclassical cost function. The …, these cost savings can be very large. The estimates of productivity effects are also positive, albeit rather small. …
Persistent link: https://www.econbiz.de/10010600201
I study the internal organization of firms using occupation data on workers in Swedish manufacturing firms. Firms with more layers are larger in size, in value added, and they pay higher wages. Firms are hierarchal in that lower layers have more workers and lower mean wage than higher layers....
Persistent link: https://www.econbiz.de/10010818513
performed, wages should in principle reflect productivity differences and that it is more difficult to discriminate on the basis … of the gap is due to productivity differences. …
Persistent link: https://www.econbiz.de/10005670114
Swedish Manufacturing Industry is said to be technologically and commercially in good shape. While Swedish wage levels were higher than in all industrial countries in the mid-70s, wages - expressed in international currencies - have now dropped to a mid-position, and real rates of return are...
Persistent link: https://www.econbiz.de/10011019043
The present study is a theoretical and empirical investigation into the aggregate wage dynamics of Swedish manufacturing. It contains three essential results: <p> •a rigorous search theoretical model of the wage behaviour of firms is presented and adapted for application to aggregate data <p> •the...</p></p>
Persistent link: https://www.econbiz.de/10011019054
It was early noted that the Phillips Curve explanation of wage dynamics lacks a solid microeconomic basis. As the explanatory unemployment variable in the Phillips relation is intuitively to be regarded as an indicator of labour scarcity, several authors have argued that the determination of...
Persistent link: https://www.econbiz.de/10011019057