Showing 1 - 10 of 1,188
firms, and multiple asymmetric regions. Wages, productivity, consumption diversity, and markups across firms and markets are … by the Canada-US border. We find that Canadian average labor productivity increases by 8.03%, whereas US average labor … productivity rises by just 1.02%. Consumers' exposure to market power falls sizably by up to 12.11% in the Canadian provinces, and …
Persistent link: https://www.econbiz.de/10009683263
Why do cities differ so much in productivity? We document that most of the measured dispersion in productivity across … US cities is spurious and reflects granularity bias: idiosyncratic heterogeneity in plant-level productivity and size …
Persistent link: https://www.econbiz.de/10012418448
We use data on wages and rents in different U.S. cities to assess the amenity effects on production and consumption of …
Persistent link: https://www.econbiz.de/10011404281
Previous empirical studies on the effect of age on productivity and wages find contradicting results. Some studies find … that if workers grow older there is an increasing gap between productivity and wages, i.e. wages increase with age while … productivity does not or does not increase at the same pace. However, other studies find no evidence of such an age related pay-productivity …
Persistent link: https://www.econbiz.de/10003939940
. This implies that firm-specific training can decrease current wages as it implies a credible commitment to lower future …
Persistent link: https://www.econbiz.de/10011507950
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 …
Persistent link: https://www.econbiz.de/10011398011
Persistent link: https://www.econbiz.de/10003364831
In recent years, a large academic debate has tried to explain the rapid rise in CEO pay experienced over the past three decades. In this article, I review the main proposed theories, which span views of compensation as the result of a competitive labor market for executives to theories based on...
Persistent link: https://www.econbiz.de/10003790763
Multinomial Choice framework. Our estimates confirm a number of conventional results such as positive effects of wages and …
Persistent link: https://www.econbiz.de/10003805994
manufacturing. Earnings losses are larger for individuals with low initial wages, low initial tenure, and low attachment to the …
Persistent link: https://www.econbiz.de/10010412742