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This paper studies the dynamic behavior of changes in productivity, wages, and prices. Results are based on a new data … gap indexes to be attributed to a failure of real wages to respond to the post-1972 productivity growth slowdown is … relatively minor. The paper's analysis of productivity change confirms the real-wage elasticity of labor input emphasized …
Persistent link: https://www.econbiz.de/10012477000
our benchmark assumption that industry prices are independent of productivity. When we allow for the endogeneity of …
Persistent link: https://www.econbiz.de/10012472762
productivity. HRM includes incentive pay (individual and group) as well as many non-pay aspects of the employment relationship such … literature on management practices and productivity. We start with some facts on levels and trends of both HRM and productivity … regulation. The largest section analyses the impact of HRM on productivity emphasizing issues of methodology, data and results …
Persistent link: https://www.econbiz.de/10012462634
Across many sectors, research has established that management explains a notable portion of productivity differences … share of the variance of store-level productivity; (ii) negative assortative matching between managers and stores, which may … productivity also tend to obtain high energy productivity, revealing some breadth in managers' skills applicability; (vii) high …
Persistent link: https://www.econbiz.de/10014250209
This paper investigates the causal effect of job training on wage rates in the presence of firm heterogeneity. When training affects worker sorting to firms, sample selection is no longer binary but is "multilayered". This paper extends the canonical Heckman (1979) sample selection model - which...
Persistent link: https://www.econbiz.de/10015072893
We use the COVID shock to study the direct and interactive effects of several forms of corporate flexibility on short- and long-term real business plans. We find that i) workplace flexibility, namely the ability for employees to work remotely, plays a central role in determining firms'...
Persistent link: https://www.econbiz.de/10012938715
We designed and fielded a survey of New York and Pennsylvania firms to study the impacts of New York's 2018 Paid Family Leave policy on employer outcomes. We match each NY firm to a comparable PA firm and use difference-in-difference models to analyze within-match-pair changes in outcomes. We...
Persistent link: https://www.econbiz.de/10012510550
skill coworker and a high productivity firm, while high productivity firms employ a low skill worker and a high skill …
Persistent link: https://www.econbiz.de/10012629510
.S. manufacturing businesses. OLS results for labor productivity and Tobin's q models both reveal that nonunion businesses that employ a …
Persistent link: https://www.econbiz.de/10012475581
We find widespread evidence of firms appearing to avoid paying overtime wages by exploiting a federal law that allows them to do so for employees termed as "managers" and paid a salary above a pre-defined dollar threshold. We show that listings for salaried positions with managerial titles...
Persistent link: https://www.econbiz.de/10013537720