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We use the elements of a macroeconomic production function - physical capital, human capital, labor, and technology … development. It affects human capital through both religious and secular education. It affects population and labor by influencing …
Persistent link: https://www.econbiz.de/10014391202
choice between compensation schemes with and without a CSR component (CSR/NoCSR) on labor market participation decision and … work performance, compared to the alternative of exogenous assignment. Classical economic theory suggests that giving … of choice. When a worker is allowed to choose his or her compensation scheme, the labor market participation rate is …
Persistent link: https://www.econbiz.de/10014431787
The past several decades have witnessed a rebirth of global labor mobility. Workers have begun to move between …
Persistent link: https://www.econbiz.de/10012820735
took place and trace back the development of wage labor within agriculture, industry and service sector. In particular, the …-industrial time the social organization of work occurred in various forms and that wage labor was rather a rare phenomenon in the … beginning of the 19th century. Hence, a widespread and functioning labor market cannot be identified at that time. Rudimentary …
Persistent link: https://www.econbiz.de/10003968435
In a Walrasian labor market, the labor income share is constant under the assumptions of a Cobb-Douglas production … function and perfect competition. Given the observed decline of the labor share in recent decades, this paper relaxes these ….S. These results are used to explain the declining path of the labor income share, common to both economies, and their …
Persistent link: https://www.econbiz.de/10009422480
Total Factor Productivity) to rich countries – offsetting efficiency gains from the spatial reallocation of labor from low …
Persistent link: https://www.econbiz.de/10011452382
We examine the efficiency properties of labor taxation. A spatial model of an economy is introduced whose key feature … is a new approach to restricted labor mobility. We characterize the efficient allocation of labor and properties of a … decentralized equilibrium. An efficient allocation of labor can be compatible with marginal productivity differentials stemming from …
Persistent link: https://www.econbiz.de/10011401180
In two experiments, we examine the effects of employer reputation in an online labor market (Amazon Mechanical Turk) in …
Persistent link: https://www.econbiz.de/10011387537
Under communism, workers had their wages set according to a centrally-determined wage grid. In this paper we use new micro data on men to estimate returns to human capital under the communist wage grid and during the transition to a market economy. We use data from the Czech Republic because it...
Persistent link: https://www.econbiz.de/10011325997
global inefficiencies in the pure spatial allocation of labor between poorer and richer countries. But rigorous estimates are … labor by a factor of four, implying large spatial inefficiency. Short-term effects on households were modest. Effects on …
Persistent link: https://www.econbiz.de/10011974366