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The social and the private returns to education differ when education can increase productivity, and also be used to … signal productivity. We show how instrumental variables can be used to separately identify and estimate the social and … the life-cycle, is 7.2%. Thus, 70% of the private returns to education can be attributed to education raising productivity …
Persistent link: https://www.econbiz.de/10012169372
productivity in the long run. …
Persistent link: https://www.econbiz.de/10012601052
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
study how the earnings distribution changes with distortions that penalize high-productivity firms and frictions that reduce … much firms are willing to pay workers, how well high-skill workers are matched with high-productivity firms, and how much …
Persistent link: https://www.econbiz.de/10013170860
unemployment response; and the very slow rate of recovery. We review the literature which finds most of the decline in productivity … intensification but employers appeared incapable of turning this effort into improved workplace level productivity. Widespread pay …
Persistent link: https://www.econbiz.de/10011281607
A pre-condition for employer learning is that signals at labor market entry do not fully reveal graduates' productivity …
Persistent link: https://www.econbiz.de/10014250664
model where individuals face uncertainty about their academic ability and productivity, which respectively determine their …
Persistent link: https://www.econbiz.de/10014423767
increase productivity. One important implication of the model is that the enrolment rate to education has a negative effect on …
Persistent link: https://www.econbiz.de/10010529431
The paper analyzes the contemporary organizational restructuring of production and work within firms. We emphasize the shift from a "Tayloristic" organization of work (characterized by significant specialization by tasks) to a "holistic" organization (featuring job rotation, integration of tasks...
Persistent link: https://www.econbiz.de/10011294704
A consistent finding in the development literature is that average non-farm labor productivity is higher than average … farm labor productivity. These differences in average productivity are sometimes used to promote policies which advance the … non-farm sector. In this paper, we analyze the importance of two specification choices when comparing productivity gaps …
Persistent link: https://www.econbiz.de/10012703023