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This paper shows that the structural breaks are an important characteristic of the monthly labor force participation rate (LFPR) series of Australia, Canada and the USA. Therefore we allow for endogenously determined multiple structural breaks in the empirical specifications of fractionally...
Persistent link: https://www.econbiz.de/10013065313
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 … productivity. However, if human capital matters, unemployment has a long-run effect on the level of productivity. Moreover, if we …
Persistent link: https://www.econbiz.de/10013321303
, R&D investments, and productivity across 12 OECD economies and 17 manufacturing and service industries. Much of the … positive relationship between those cognitive skills and the labour productivity in a country-sector combination. The part of … the cross-country cross-sector variation in labour productivity that can be explained by human capital is remarkably large …
Persistent link: https://www.econbiz.de/10012966051
This paper examines the impact of employment protection legislation on productivity in the OECD, using annual cross … identifying assumption is that stricter employment protection influences worker or firm behaviour, and thereby productivity, more …-country aggregate data on the degree of regulations and industry-level data on productivity from 1982 to 2003. We adopt a "difference …
Persistent link: https://www.econbiz.de/10013325106
and employment. There is some evidence that short-time compensation programs stabilize permanent employment and reduce …
Persistent link: https://www.econbiz.de/10013131173
systems unless there is an offsetting increase in employment rates. This is especially true for older workers whose employment …
Persistent link: https://www.econbiz.de/10012919499
difference-in-differences model that compares employment rates across education type and age. An initial employment advantage of …
Persistent link: https://www.econbiz.de/10012980302
contrary, large firms adjust their employment levels by reducing entry and not by increasing separations. Most hires and …
Persistent link: https://www.econbiz.de/10013153497
The aim of this paper is to analyse the possible trade-off between employment and productivity using panel data on … that there is a trade-off between employment and productivity … world economies, developed and developing. We begin with the importance of productivity growth for developing countries …
Persistent link: https://www.econbiz.de/10013061930
This paper argues that international migration of high-skilled workers triggers productivity effects at the macro level … capita, total factor productivity, and wages of skilled workers between pairs of source and destination countries. These …
Persistent link: https://www.econbiz.de/10013104931