reservation wages, shifting the labor force towards the more productive firms. The relation between productivity dispersion and UI … policy is mediated by the wage posting policies of firms that take both productivity and policy into account. Optimal UI … policy is shown to crucially depend on the properties of the firm productivity distribution, such as its variance and …

This paper analyzes the effect of firing costs on aggregate productivity growth. For this purpose, a model of … importance of reallocation for productivity growth. In the model, growth is driven by selection among heterogeneous incumbent …. -- Endogenous growth theory ; firm dynamics ; labor market regulation ; firing costs ; entry and exit ; firm selection …

important gap in most empirical studies of establishment-level productivity is the limited information about workers …' characteristics and their tasks. Skill-adjusted labor input measures have been shown to be important for aggregate productivity …-access establishment-level productivity dataset created by the BLS-Census Bureau Collaborative Micro-productivity Project. We take a first …

Labour productivity stagnated in the UK in the years between the financial crisis and the emergence of Covid-19. At the … same time labour supply and employment grew strongly, driven primarily by net inward migration. While labour productivity … that around one-fifth, or 4pp, of the 25 log point fall in productivity from its previous trend can be explained by …

The aim of this paper is to analyse the possible trade-off between employment and productivity using panel data on … world economies, developed and developing. We begin with the importance of productivity growth for developing countries …, followed by a brief discussion of the concept of productivity and how it is measured. We discuss the concept of "decent work …

union density on firm productivity and wages in the population of Norwegian firms over the period 2001 to 2012. Increases in … union density lead to substantial increases in firm productivity and wages having accounted for the potential endogeneity of …

agents in a highly non-linear incentive system, we find that the improvement in productivity far outweighed the costs … accordingly focus more on the productivity-enhancing than on the distortionary effects. …

impressive productivity gains. But it is easy to confuse true productivity advances in transportation industries with changes in … productivity can be overwhelmed by even subtle changes in the traffic mix. After controlling for endogenous changes in the … data, 1982-1997, with observed productivity changes much more likely due to changes in speed limits and the dimensions of …

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