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In many European countries, wages are determined by collective bargaining agreements intended to improve wages and … West more productive than the East in Germany – but have adopted different models of wage bargaining. Italy sets wages … in nominal terms and almost no relationship between local productivity and local nominal wages, while Germany has larger …
Persistent link: https://www.econbiz.de/10012870203
. They reside in a city and commuting to the job center involves both pecuniary and time costs. Thus, workers with high wages …
Persistent link: https://www.econbiz.de/10013317149
We develop a general equilibrium overlapping generations model which is based on the view that education makes workers more productive by increasing their ability to learn from work experience, rather than providing skills that directly increase productivity. One important implication of the...
Persistent link: https://www.econbiz.de/10013021942
Matched worker-firm data from Danish manufacturing reveal that 1) industries differ in within-firm worker skill dispersion, and 2) the correlation between within-firm skill dispersion and productivity is positive in industries with higher average skill dispersion. We argue that these patterns...
Persistent link: https://www.econbiz.de/10012867157
We ask whether the role of employer learning in the wage-setting process depends on skill type and skill importance to productivity. Combining data from the NLSY79 with O*NET data, we use Armed Services Vocational Aptitude Battery scores to measure seven distinct types of pre-market skills that...
Persistent link: https://www.econbiz.de/10013104945
The empirical literature on employer learning assumes that employers learn about unobserved ability differences across workers as they spend time in the labor market. This article describes testable implications that arise from this basic hypothesis and how they have been used to quantify the...
Persistent link: https://www.econbiz.de/10014237689
This paper discusses the claim made in Altonji and Pierret (1997) and Lange (2005) that a high speed of employer learning indicates a low value of job market signaling. The claim is first discussed intuitively in light of Spence's original model and then evaluated in a simple extension of a...
Persistent link: https://www.econbiz.de/10013317436
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/10012943707
This paper examines the relationship between firm multifactor productivity growth (mfp) and changing skill levels of labour in New Zealand, over the period 2001-12, using longitudinal data from Statistics New Zealand's Longitudinal Business Database (LBD) and Integrated Data Infrastructure...
Persistent link: https://www.econbiz.de/10013011159
Many U.S. businessmen are vocally in favor of an increase in the number of H-1B visas. Is there systematic evidence that this would positively affect firms' productivity, sales, employment or profits? To address these questions we assemble a unique dataset that matches all labor condition...
Persistent link: https://www.econbiz.de/10013042966