knowledge sector is bounded, as productivity increases, the economy moves from a Solovian zone where wages increase with … productivity, to a Marxian zone where they paradoxically decline with productivity. This is because as consumption of a given good … more unevenly distributed than productivity, technical progress always increases inequality. Redistribution from profits to …

The vast literature on the effects of immigration on wages and employment is plagued by likely endogeneity and … unemployment and wages in aggregate analysis. We do find, however, evidence of distributional effects when accounting for human …

Multinomial Choice framework. Our estimates confirm a number of conventional results such as positive effects of wages and …

We revisit UK's poor productivity performance since the Great Recession by means of both a suitable theoretical … over time, and distinguish between quantity total factor productivity (TFP-Q), i.e., the capacity to turn inputs into more … physical output (number of shirts, liters of beer), and what we call revenue total factor productivity (TFP-R), i …

-13 on firm-level productivity in France, Italy and Spain. We show that relying on a single break date in 2008 misses both …-level productivity negatively, high-leverage firms suffer more from financial constraints only in Italy, when they are relatively small … productivity. …

(job security, health, subjective job quality, and wages). Worker voice slightly raised firm survival, productivity, and …

We use data on wages and rents in different U.S. cities to assess the amenity effects on production and consumption of …

This paper examines the long-run impact of ordinal rank during primary school on productivity using comprehensive … most likely mechanisms for this effect on task-specific productivity. …