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Wage inequality has risen in many countries over recent decades. At the same time, production has become increasingly concentrated in a small number of firms. In this paper, we show that these two phenomena are linked. Theoretically, we show that shocks that increase concentration will also lead...
Persistent link: https://www.econbiz.de/10012826722
opposite effect on manufacturing employment, suggesting that local officials' efforts to attract shopping centers and large … stores crowd out manufacturing …
Persistent link: https://www.econbiz.de/10013109437
During the 2001-8 period, the employment rate of people with a disability remained remarkably low in most western economies, hardly responding to better macroeconomic conditions and favourable anti-discrimination legislation and interventions. Continuing health and productivity improvements in...
Persistent link: https://www.econbiz.de/10013128833
We analyze the causal effect of the length of the worker's commute on worker's productivity, by examining whether commuting time has any effect on worker's labour market supply. Using the Spanish Time Use Survey 2002-03, our GMM/IV estimation yields a positive causal impact of commuting time on...
Persistent link: https://www.econbiz.de/10013129091
This paper analyzes whether part-time employment is beneficial for firm productivity in the service sector. Using a unique dataset on the Dutch pharmacy sector that includes the work hours of all employees and a hard physical measure of firm productivity, we estimate a production function...
Persistent link: https://www.econbiz.de/10013131420
Audit studies testing for discrimination have been criticized because applicants from different groups may not appear identical to employers. Correspondence studies address this criticism by using fictitious paper applicants whose qualifications can be made identical across groups. However,...
Persistent link: https://www.econbiz.de/10013136716
In this paper, we estimate returns to classroom and on-the-job firm-sponsored training in terms of value-added per worker using longitudinal linked employee-employer Canadian data from 1999 to 2006. We estimate a standard production function controlling for endogenous training decisions because...
Persistent link: https://www.econbiz.de/10013136722
The establishment of the free agency system in the 1970s resulted in large salary increases among professional baseball players. Historical data show that players have tended to perform better at early stages of their careers since free agency was introduced. Under the current salary bargaining...
Persistent link: https://www.econbiz.de/10013139043
Using longitudinal employer-employee data spanning over a 22-year period, we compare age-wage and age-productivity profiles and find that productivity increases until the age range of 50-54, whereas wages peak around the age 40-44. At younger ages, wages increase in line with productivity gains...
Persistent link: https://www.econbiz.de/10013139052
We document three changes in postwar US macroeconomic dynamics: (i) the procyclicality of labor productivity has vanished, (ii) the relative volatility of employment has risen, and (iii) the relative (and absolute) volatility of the real wage has risen. We propose an explanation for all three...
Persistent link: https://www.econbiz.de/10013139707