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Disentangling Pay and Productivity in a Corporatist Economy: The Case of Germany
Fuess, Jr. Scott M.; Millea, Meghan - 2002
productivity. But what about in a corporatist economy? Focusing on Germany, we use an innovative technique developed by Geweke to …
Persistent link: https://www.econbiz.de/10010273751
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High wage workers match with high wage firms: Clear evidence of the effects of limited mobility bias
Andrews, Martyn J.; Gill, Leonard; Schank, Thorsten; … - 2012
Positive assortative matching implies that high productivity workers and firms match together. However, there is almost no evidence of a positive correlation between the worker and firm contributions in two-way fixed-effects wage equations. This could be the result of a bias caused by standard...
Persistent link: https://www.econbiz.de/10010283949
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Unemployment and Productivity Growth
Bräuninger, Michael; Pannenberg, Markus - 2000
Does a country?s level of unemployment have an impact on the long-run growth rate? Incorporating unemployment into a … unemployment on productivity growth heavily depends on the influence of human capital in the production function. In the … traditional Solow model, unemployment has neither an influence on long-run productivity growth nor on the long-run level of …
Persistent link: https://www.econbiz.de/10010262354
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Economic Reforms and Productivity-Enhancing Reallocation in the Post-Soviet Transition
Brown, J. David; Earle, John S. - 2004
How do economic reforms affect resource reallocation processes and their contributions to productivity growth? This paper studies the consequences of enterprise privatization and liberalization of product markets, labor markets, and imports in the former Soviet Republics of Russia and Ukraine....
Persistent link: https://www.econbiz.de/10010261809
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Job Reallocation and Productivity Growth Under Alternative Economic Systems and Policies: Evidence from the Soviet Transition
Brown, J. David; Earle, John S. - 2002
How do economic policies and institutions affect job reallocation processes and their consequences for productivity growth? This paper studies the extreme case of economic system change and alternative transitional policies in the former Soviet Republics of Russia and Ukraine. Exploiting annual...
Persistent link: https://www.econbiz.de/10010262315
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Productivity growth and the Phillips curve: a reassessment of the US experience
Karanassou, Marika; Sala, Héctor - 2009
the PC and explain the evolution of inflation and unemployment in the US from 1970 to 2006. Since our empirical …-run. Furthermore, during the stagflating 70s, the productivity slowdown contributed substantially to the increases in both unemployment … and inflation, while the monetary expansion was quite ineffective and led mainly to higher inflation. Finally, the …
Persistent link: https://www.econbiz.de/10010276469
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Job Reallocation and Productivity Growth in the Ukrainian Transition
Brown, J. David; Earle, John S. - 2004
We analyze the pace and patterns of job reallocation in Ukraine using 1992-2000 panel data on nearly the surviving universe of manufacturing firms inherited from the Soviet Union. Employment growth displays substantial increase in heterogeneity during this transition period, with a corresponding...
Persistent link: https://www.econbiz.de/10010262088
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Distribution and Growth in an Economy with Limited Needs
Saint-Paul, Gilles - 2001
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10010262477
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Simultaneous search with heterogeneous firms and ex post competition
Gautier, Pieter A.; Wolthoff, Ronald P. - 2006
We study a search model where workers can send multiple applications to high and low productivity firms. Firms that compete for the same candidate can increase their wage offers as often as they like. We show that there is a unique equilibrium where workers mix between sending both applications...
Persistent link: https://www.econbiz.de/10010274013
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Exports, R&D and productivity: A test of the Bustos-model with German enterprise data
Wagner, Joachim - 2012
This paper presents the first empirical test with German firm level data of a hypothesis derived by Bustos (AER 2011) in a model that explains the decision of heterogeneous firms to export and to engage in R&D. Using a non-parametric test for first order stochastic dominance it is shown that, in...
Persistent link: https://www.econbiz.de/10010294473