Showing 1 - 10 of 93
This paper uses data from the 1990s to examine changes in the wages, employment, and effort of nurses in California hospitals following takeovers by large chains. The market for nurses has been described as a classic monopsony, so that one might expect increases in firm market power to be...
Persistent link: https://www.econbiz.de/10012469275
product of labor, with larger markdowns at more desirable programs. Therefore, a limited number of positions at high quality … market. I find that financial incentives increase the quality, but not the number of rural residents. Quantity regulations … increase the number of rural trainees, but the impact on resident quality depends on the design of the intervention …
Persistent link: https://www.econbiz.de/10012457899
Moving labor from agriculture to manufacturing - "industrialization" - is often viewed as essential for the development of poor countries. We present new evidence on the channels through which industrialization can help poor countries close the productivity gap with rich countries. To achieve...
Persistent link: https://www.econbiz.de/10013172134
Using panel data from 23 OECD countries, I document that wages grow more over the life-cycle in countries where job-to-job mobility is more common. A life-cycle theory of job shopping and accumulation of skills on the job highlights that a more fluid labor market allows workers to faster...
Persistent link: https://www.econbiz.de/10012814473
Manufacturing has made an important contribution to raising living standards in many parts of the world. Concerns about premature deindustrialization have made some observers skeptical about the potential for manufacturing to play this role in Africa. But employment in African manufacturing has...
Persistent link: https://www.econbiz.de/10012794598
This paper explores the implications for less developed countries the hypothesis that workers' productivity depends on the wages they receive. In particular, we show that this hypothesis may explain the high urban wages and unemployment found in many such countries. The market equilibrium is...
Persistent link: https://www.econbiz.de/10012477096
This study documents a strong inverse relationship between number of pages of labor contracts in effect and the productivity observed in a sample of ten unionized plants. It is argued that this relationship reflects the productivity-inhibiting effects of increases in the number and complexity of...
Persistent link: https://www.econbiz.de/10012477722
The paper analyzes the production structure and the demand for inputs in three major industrialized countries, the U.S., Japan and Germany. A dynamic factor demand model with two variable inputs (labor and energy)and two quasi-fixed inputs (capital and R&D) is derived directly from an...
Persistent link: https://www.econbiz.de/10012477833
This paper examines the relationship between inflation, exchange rates, and the pattern of international trade and payments in a small economy with utility-maximizing agents and a transactions demand for money. Fully anticipated inflation has real effects in the model through its role as a tax...
Persistent link: https://www.econbiz.de/10012478403
There is substantial evidence from the literature on individual wage determination that length of service to the firm is an important determinant of earnings and thus of labor productivity, holding constant employee at-tributes such as age, sex, and education. Earnings growth associated with...
Persistent link: https://www.econbiz.de/10012478450