Similar Search Results

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

Employer Learning and Statistical Discrimination

Altonji, Joseph G. - 1997

We provide a test for statistical discrimination or rational stereotyping in in environments in which agents learn over time. Our application is to the labor market. If profit maximizing firms have limited information about the general productivity of new workers, they may choose to use easily...

Persistent link: https://www.econbiz.de/10012472533

Relative Labor Productivity and the Real Exchange Rate in the Long Run : Evidence for a Panel of OECD Countries

Canzoneri, Matthew B. - 1996

The Balassa-Samuelson model, which explains real exchange rate movements in terms of sectoral productivities, rests on two components. First, for a class of technologies including Cobb-Douglas, the model implies that the relative price of nontraded goods in each country should reflect the...

Persistent link: https://www.econbiz.de/10012473166

Performance Pay and Productivity

Lazear, Edward P. - 1996

What happens when a firm switches from paying hourly wages to paying piece rates? The theory developed below predicts that average productivity rises, that the firm will attract a more able work force and that the variance in output across individuals at the firm will rise as well. The theory is...

Persistent link: https://www.econbiz.de/10012473170

Labor Productivity : Structural Change and Cyclical Dynamics

Baily, Martin Neil - 1996

A longstanding puzzle of empirical economics is that average labor productivity declines during recessions and increases during booms. This paper provides a framework to assess the empirical importance of competing hypotheses for explaining the observed procyclicality. For each competing...

Persistent link: https://www.econbiz.de/10012473356

Employer Learning and the Signaling Value of Education

Altonji, Joseph G. - 1996

which employers learn about worker quality and use these, along with some strong auxiliary assumptions, to explore the …

Persistent link: https://www.econbiz.de/10012473426

Procyclical Labor Productivity and Competing Theories of the Business Cycle : Some Evidence from Interwar U.S. Manufacturing Industries

Bernanke, Ben - 1990

Each of the main explanations of procyclical labor productivity, or short-run increasing returns to labor (SRIRL), is closely associated with a competing theory of the business cycle: Real business cycle theorists attribute SRIRL to procyclical technological shocks, proponents of recent theories...

Persistent link: https://www.econbiz.de/10012475524

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

R&D, Production Structure, and Productivity Growth in the U.S., Japaneseand German Manufacturing Sectors

Mohnen, Pierre A. - 1984

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

The Sources of Labor Productivity Variation in U.S. Manufacturing, 1947-80

Bernanke, Ben - 1981

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