Showing 1 - 10 of 643
Over the past decade, productivity-adjusted wages have grown at a slower pace in Japan than in other rich countries … felt in all advanced economies. Reforms aimed at increasing productivity in services and reducing gaps in employment … protection and benefits between regular and nonregular workers could help put Japan's wages on an upward trajectory in the medium …
Persistent link: https://www.econbiz.de/10004999951
Labor productivity levels in Bulgaria lag well behind that in the EU, weighing on the convergence process. Stronger … productivity growth would allow Bulgaria to close the income gap with the EU average more quickly and to alleviate the structural … productivity suggest that for Bulgaria closing the gap with EU standards in the areas of institutional and infrastructure quality …
Persistent link: https://www.econbiz.de/10011242306
This Selected Issues paper focuses on financing constraints and productivity in Estonia. The paper examines two …-level total factor productivity (TFP)? These questions are particularly important in the current environment, in which credit …
Persistent link: https://www.econbiz.de/10011244501
-level productivity, focusing on the case of Estonia. We contribute to the literature in two important respects: (i) we look explicitly at … constrained. More importantly, we find that financial constraints do not lower productivity for most sectors. …
Persistent link: https://www.econbiz.de/10004999959
This paper reviews economic stabilization and growth in Portugal during the 1970s. Following a decade of rapid growth with external equilibrium, the Portuguese economy in the early 1970s suffered a series of major shocks. The paper highlights that the problem of managing economic growth with a...
Persistent link: https://www.econbiz.de/10005824861
Persistent link: https://www.econbiz.de/10005767349
This paper presents an overview of the economy of Hungary. The paper highlights that during the Fifth Five-Year Plan (1976–80), actual growth rates for almost all major plan aggregates remained below the targets. The lower targets set for the increase in both consumption and investment in...
Persistent link: https://www.econbiz.de/10005590940
widening wage gap. Also, changes in total factor productivity had a small effect on relative wages. The major factor behind the …-related variables on wages of skilled and unskilled labor between 1982 and 1996 in the United States. The results indicate that trade … presents estimates of the effect of trade on wages by calculating what wage rates would be under autarky. The results show that …
Persistent link: https://www.econbiz.de/10005599575
This paper seeks to investigate the transmission mechanisms linking productivity to the real exchange rate in the … former Yugoslav Republic of Macedonia. At first glance, the stylized facts-low labor productivity growth and a trend real …
Persistent link: https://www.econbiz.de/10005248176
used determinants of total factor productivity, a measure of the effect of labor reallocation and an index of economic … suggest that growth will depend, to a large extent, on educational investments and productivity gains in agriculture. …
Persistent link: https://www.econbiz.de/10005264099