Showing 1 - 10 of 2,600
Building a model with three imperfect markets - goods, labor and credit - representing a product's life-cycle, we find that goods market frictions drastically change the qualitative and quantitative dynamics of labor market variables. The calibrated model leads to a significant reduction in the...
Persistent link: https://www.econbiz.de/10009307979
as a rise in the loan to deposit ratio, increases output, consumption, hours and productivity, and reduces the spread …
Persistent link: https://www.econbiz.de/10009488413
The labor search and matching model plays a growing role in macroeconomic analysis. This paper provides a critical, selective survey of the literature. Four fundamental questions are explored: how are unemployment, job vacancies, and employment determined as equilibrium phenomena? What...
Persistent link: https://www.econbiz.de/10003583927
Using Difference-in-Differences estimation and data from the European Community Household Panel, this paper suggests that the fixed exchange-rate policy adopted by Italy in the 1997-2000 period has reduced the real hourly wage growth of Italian fulltime workers with permanent contracts, on...
Persistent link: https://www.econbiz.de/10010457884
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 …
Persistent link: https://www.econbiz.de/10012603201
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 …
Persistent link: https://www.econbiz.de/10010207261
The link between time-of-day and productivity on cognitive tasks is crucial to understand workplace efficiency and … important determinant of productivity and (iii) implies that efficiency gains of up to 0.14 standard deviations can be achieved … productivity between day and night shifts, we establish that such relationship is also important within a standard day-light shift …
Persistent link: https://www.econbiz.de/10012286768
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 …
Persistent link: https://www.econbiz.de/10011756733
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. …
Persistent link: https://www.econbiz.de/10012433451
the role of inputs from "Science" (firm-level publications' stock) on firms' labour productivity, showing that the effect …
Persistent link: https://www.econbiz.de/10013449378