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are more dispersed in the Netherlands.In both countries, we observe non-linearities in the productivity effects of …This paper examines how productivity effects of human capital and innovation vary at different points of the … conditional productivity distribution. Our analysis draws upon two large unbalanced panels of 6,634 enterprises in Germany and 14 …
Persistent link: https://www.econbiz.de/10013035179
whether there are some productivity-enhancing externalities gained from this growing diversity within firms. In recent years … migration research has demonstrated positive economic impacts of cultural diversity on productivity and innovation at the … administrative data obtained from Statistics Netherlands. Excluding firms in the hospitality industry and other industries that …
Persistent link: https://www.econbiz.de/10013067318
This paper analyzes whether part-time employment is beneficial for firm productivity in the service sector. Using a … productivity, we estimate a production function including heterogeneous employment shares based on work hours. We find that a … larger part-time employment share leads to greater firm productivity. Additional data on the timing of labor demand show that …
Persistent link: https://www.econbiz.de/10013131420
Previous empirical studies on the effect of age on productivity and wages find contradicting results. Some studies find … that if workers grow older there is an increasing gap between productivity and wages, i.e. wages increase with age while … productivity does not or does not increase at the same pace. However, other studies find no evidence of such an age related pay-productivity …
Persistent link: https://www.econbiz.de/10013147550
This paper reviews some key contributions to econometric analysis of human fertility in the last 20 years, with special focus on discussion of prevailing econometric modeling strategies. We focus on the literature that highlights the role of the key drivers of the birth outcomes, including age...
Persistent link: https://www.econbiz.de/10012831218
productivity regression that relies on standard firm-level input and output data. We view these two regressions as reduced …-sharing parameters amount roughly to 0.40 and 0.30 for the productivity regression and to 0.20 and 0.16 for the wage determination …
Persistent link: https://www.econbiz.de/10012942047
The Swedish adult education program known as the Knowledge Lift (1997-2002) was unprecedented in its size and scope, aiming to raise the skill level of large numbers of low-skill workers. This paper evaluates the potential effects of this program on aggregate labor market outcomes. This is done...
Persistent link: https://www.econbiz.de/10013317366
The conventional wisdom that inflation and unemployment are unrelated in the long-run implies the compartmentalisation of macroeconomics. While one branch of the literature models inflation dynamics and estimates the unemployment rate compatible with inflation stability, another one determines...
Persistent link: https://www.econbiz.de/10013317465
Academic macroeconomics and the research department of central banks have come to be dominated by Dynamic, Stochastic, General Equilibrium (DSGE) models based on micro-foundations of optimising representative agents with rational expectations. We argue that the dominance of this particular sort...
Persistent link: https://www.econbiz.de/10013126144
This paper is concerned with ex ante and ex post counterfactual analyses in the case of macroeconometric applications where a single unit is observed before and after a given policy intervention. It distinguishes between cases where the policy change affects the model's parameters and where it...
Persistent link: https://www.econbiz.de/10013104950