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How and why nations adopt systemic change reveals much about their underlying economic, societal, and governmental basis. Such lessons are evident in this volume that explores how two nations with widely divergent political economies - Germany and the United States - embraced change in four...
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How do economic policies and institutions affect job reallocation processes and their consequences for productivity … little relationship to relative productivity across firms and sectors. Since liberalization began, the pace, heterogeneity …, and productivity effects of job flows have increased substantially. The increases occurred more quickly in rapidly …
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aggregate productivity growth during the socialist and reform periods in six transition economies. Modifying a standard … decomposition technique to better reflect the role of firm entry, we find that reallocation rates and productivity contributions are … very low under socialism, but they rise dramatically after reforms, and productivity contributions greatly exceed those …
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Siegel provides evidence that technology adoption is associated with downsizing, skill upgrading, greater employee empowerment, and a widening wage gap. Unlike previous studies that use industry-level data, Siegel collected firm-level data on technology usage and labor composition which enable...
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professional employer organizations—on measured employment and labor productivity in manufacturing between 1989 and 2004. A major … manufacturers' outsourcing to employment services significantly inflated manufacturing labor productivity measures, accounting for 0 ….5 percentage points of the annual growth rate from 1989 to 2000 and from 2001 to 2004. Although multifactor productivity measures …
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