Showing 1 - 10 of 1,390
Using two decades of annual data, we explore the links between real exchange rates and employment, wages and overtime … not have large effects on numbers of jobs or on hours worked. More substantial effects are picked up in industry wages …, especially for industries characterized by low price-over-cost markup ratios, and in overtime wages and overtime employment. The …
Persistent link: https://www.econbiz.de/10012472064
Using quarterly micro data on capacity utilization among Swedish manufacturing firms, we show that idiosyncratic factors are much more important than aggregate influences in explaining variation in capacity utilization across firms and over time. Idiosyncratic does not mean unpredictable,...
Persistent link: https://www.econbiz.de/10015195046
This paper explores how accounting for variations in factor utilization rates alters the empirical characteristics of productivity residuals in the United States and Canada. Using data on 19 manufacturing industries, we study the behavior of productivity using three proxies for capital services....
Persistent link: https://www.econbiz.de/10012470243
increase in factor prices from its response to an increase in marginal cost generated by an expansion in production. Consistent …
Persistent link: https://www.econbiz.de/10012471473
We study the relation between product quality and worker quality using an economic model that, under certain conditions, provides a direct link between product price, product quality and work force quality. Our measures of product quality are the evolution in the detailed product price relative...
Persistent link: https://www.econbiz.de/10012473810
Using disaggregated production data we show that the size of seasonal cycles changes significantly over the course of … disentangled from cyclical fluctuations only when the marginal cost of production is linear, and the variation in demand and cost … involves studying the variation in seasonally unadjusted patterns of production and inventory accumulation over different …
Persistent link: https://www.econbiz.de/10012473882
This paper presents a structural model of production and inventory accumulation based on the hypothesis of cost … in sales as they are anticipated by the industry. Third, it allows for a more general structure of adjustment costs, and … in particular for a cost changing the production level rather than only for deviations of the production level from a …
Persistent link: https://www.econbiz.de/10012478645
discontinuity design to estimate the impact of unionization on business survival, employment, output, productivity, and wages … highly profitable enterprises that are more likely to grow and pay higher wages. Using multiple establishment-level data sets … barely lost. The analysis finds small impacts on all outcomes that we examine; estimates for wages are close to zero. The …
Persistent link: https://www.econbiz.de/10012468095
-level data on income, employment, unemployment, and the area's racial composition from the published volumes of the federal … blacks' income and employment that were economically significant and that may have been larger in the long run (1960 …
Persistent link: https://www.econbiz.de/10012468450
find no significant difference in the wages of workers in Miami relative to its control after 1980. We also show that by …
Persistent link: https://www.econbiz.de/10012456870