Showing 1 - 10 of 116
productivity of a firm, the more likely it is to opt for centralized wage formation where it can hide behind less productive firms …
Persistent link: https://www.econbiz.de/10013052546
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/10012995583
We argue that skill-biased technological change not only affects wage gaps between skill groups, but also increases wage inequality within skill groups, across workers in different workplaces. Building on a heterogeneous firm framework with labor market frictions, we show that an industry-wide...
Persistent link: https://www.econbiz.de/10014357939
productivity. The empirical evidence on the validity of this assumption is surprisingly thin and subject to various potential … productivity-wage gaps. They find that occupations play distinct roles for remuneration and productivity: while the estimations … indicate a significant upward-sloping occupational wage-profile, the hypothesis of a flat productivity-profile cannot be …
Persistent link: https://www.econbiz.de/10013120430
We study how workers' wages respond to TFP-driven innovations in firms' labor productivity. Using unique data with … of physical (as opposed to revenue) TFP to instrument labor productivity in the wage equations. We find that the reaction … of wages to sectoral labor productivity is almost three times larger than the response to pure idiosyncratic (firm …
Persistent link: https://www.econbiz.de/10013124492
This paper investigates the relationship between sectoral growth patterns and employment outcomes. A broad cross-country analysis reveals that in middle-income countries, employment responds more to growth in less productive and more labor-intensive sectors. Employment in middle-income countries...
Persistent link: https://www.econbiz.de/10013099092
We estimate the impact of workforce diversity on productivity, wages and productivity-wage gaps (i.e. profits) using … econometric issues, show that educational (age) diversity is beneficial (harmful) for firm productivity and wages. The … industries. Overall, findings do not point to sizeable productivity-wage gaps except for age diversity …
Persistent link: https://www.econbiz.de/10013082758
strong cross-firm association of FDI wage premia with similar differentials in productivity …
Persistent link: https://www.econbiz.de/10013088998
In many OECD countries, low productivity growth has coincided with rising inequality. Widening wage and productivity … productivity-related premia that firms pay their workers above common market wages. The remaining third can be attributed to …
Persistent link: https://www.econbiz.de/10012834584
This paper investigates the impact of wage dispersion on firm productivity in different working environments. More …-shaped relationship between (conditional) wage dispersion and firm productivity. This result suggests that up to (beyond) a certain level …
Persistent link: https://www.econbiz.de/10012764573