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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 …
Persistent link: https://www.econbiz.de/10003085750
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 …
Persistent link: https://www.econbiz.de/10013412738
heterogeneity in productivity and factor prices symmetrically. The strength of the proposed estimator is illustrated by Monte Carlo …
Persistent link: https://www.econbiz.de/10003656928
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
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
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 …
Persistent link: https://www.econbiz.de/10003446802
We estimate how much of the gains from productivity spillovers through worker mobility is retained by the hiring firms …
Persistent link: https://www.econbiz.de/10010204505
fields that standard measures of productivity – like output per worker or total factor productivity – vary substantially … productivity across firms mirror the trends in the wage inequality across workers. Two distinct literatures have searched for a … productivity. Studies that focus on firm-specific productivity shocks and control for the non-random sorting of workers to more and …
Persistent link: https://www.econbiz.de/10011455793