Showing 1 - 10 of 371
This paper proposes a basic model with two types of capital: productive capital directly involved in the production process and capital devoted to monitoring workers. Surveillance capital intensifies workers' job strain, while wage recognition encourages their engagement. Firms face a double...
Persistent link: https://www.econbiz.de/10013314786
This paper analyzes the effect of firing costs on aggregate productivity growth. For this purpose, a model of endogenous growth through selection and imitation is developed. It is consistent with recent evidence on firm dynamics and on the importance of reallocation for productivity growth. In...
Persistent link: https://www.econbiz.de/10013316706
Skill-biased technical change is usually interpreted in terms of the efficiency parameters of skilled and unskilled labor. This implies that the relative productivity of skilled workers changes proportionally in all tasks. In contrast, we argue that technical changes also affect the curvature of...
Persistent link: https://www.econbiz.de/10013317150
Does adoption of broadband internet in firms enhance labor productivity and increase wages? And is this technological … technology by adopting broadband internet. A public program with limited funding rolled out broadband access points, and provides … comparison, broadband internet is a substitute for workers without high school diploma, lowering their marginal productivity …
Persistent link: https://www.econbiz.de/10013034624
From a theoretical perspective the link between the speed and scope of rapid labor reallocation and productivity growth or income inequality is ambiguous. Do reallocations with more flows tend to produce higher productivity growth? Does such a link appear at the expense of higher income...
Persistent link: https://www.econbiz.de/10012982122
Despite the importance attributed to the effects of diversity on the stability and prosperity of nations, the origins of the uneven distribution of ethnic and cultural fragmentation across countries have been underexplored. Building on the role of deeply-rooted biogeographical forces in...
Persistent link: https://www.econbiz.de/10013087408
We study the effect of entrepreneurship and its allocation between necessity and opportunity entrepreneurship on three indicators of countries' wellbeing: monetary wellbeing, non-monetary wellbeing and our own indicator of a country's ability to translate economic growth into non-monetary...
Persistent link: https://www.econbiz.de/10013077292
This study surveys the development of the East German labor market after the unification of Germany. We explain that in the last decade, East Germans were faced with very high levels of joblessness that considering labor market exits and active labor market policy, are only partly reported as...
Persistent link: https://www.econbiz.de/10013321247
This paper models and estimates total factor productivity (TFP) growth parametrically. The model is a generalization of the traditional production model where technology is represented by a time trend. TFP growth is decomposed into unobservable technical change, scale economies and observable...
Persistent link: https://www.econbiz.de/10012966058
This research argues that deep-rooted factors, determined tens of thousands of years ago, had a significant effect on the course of economic development from the dawn of human civilization to the contemporary era. It advances and empirically establishes the hypothesis that in the course of the...
Persistent link: https://www.econbiz.de/10013110850