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Agarwal, Nikhil - 2014

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

Ruling Out Productivity? Labor Contract Pages and Plant Performance

Ichniowski, Casey - 1984

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

Training, Tenure, and Productivity

Lichtenberg, Frank R. - 1981

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

The Life-cycle Growth of Plants : The Role of Productivity, Demand and Wedges

Eslava, Marcela - 2020

, on firm dynamics and welfare, of efficiency, input prices, demand/quality, idiosyncratic markups, and residual wedges …. Our strategy nests previous approaches limited by data availability. In our application, demand/quality is found to … dominate the cross sectional variability of sales growth, while quality-adjusted input prices and residual wedges play …

Persistent link: https://www.econbiz.de/10012481767

What Caused the Recession of 2008? Hints from Labor Productivity

Mulligan, Casey - 2009

A labor market tautology says that any change in labor usage can be decomposed into a movement along a marginal productivity schedule and a shift of the schedule. I calculate this decomposition for the recession of 2008, assuming an aggregate Cobb-Douglas marginal productivity schedule, and find...

Persistent link: https://www.econbiz.de/10012463918

Cyclical Wages in a Search-and-Bargaining Model with Large Firms

Rotemberg, Julio J. - 2006

This paper presents a complete general equilibrium model with flexible wages where the degree to which wages and productivity change when cyclical employment changes is roughly consistent with postwar U.S. data. Firms with market power are assumed to bargain simultaneously with many employees,...

Persistent link: https://www.econbiz.de/10012466250

An Empirical Model of Growth Through Product Innovation

Lentz, Rasmus - 2005

Productivity dispersion across firms is large and persistent, and worker reallocation among firms is an important source of productivity growth. The purpose of the paper is to estimate the structure of an equilibrium model of growth through innovation that explains these facts. The model is a...

Persistent link: https://www.econbiz.de/10012467132

Production Function and Wage Equation Estimation with Heterogeneous Labor : Evidence from a New Matched Employer-Employee Data Set

Hellerstein, Judith K. - 2004

the returns to productive inputs (capital, materials, labor quality) as well as the residual variance are virtually … unaffected by the choice of the construction of the labor quality input …

Persistent link: https://www.econbiz.de/10012468369

The Cyclical Behavior of Equilibrium Unemployment and Vacancies : Evidence and Theory

Shimer, Robert - 2003

This paper argues that a broad class of search models cannot generate the observed business-cycle-frequency fluctuations in unemployment and job vacancies in response to shocks of a plausible magnitude. In the U.S., the vacancy-unemployment ratio is 20 times as volatile as average labor...

Persistent link: https://www.econbiz.de/10012469164

Cyclical Worker Flows : Cleansing vs. Sullying

Haltiwanger, John C.; Hyatt, Henry R.; McEntarfer, Erika; … - National Bureau of Economic Research - 2021

Do recessions speed up or impede productivity-enhancing reallocation? To investigate this question, we use U.S. linked employer-employee data to examine how worker flows contribute to productivity growth over the business cycle. We find that in expansions high-productivity firms grow faster...

Persistent link: https://www.econbiz.de/10012533351