This paper aims at identifying the labour share (wage-productivity gap) as a major factor in the evolution of … sample, the evolution of the wage-productivity gap deserves the attention of policy makers …

with respect to productivity, we demonstrate that productivity growth affects the labour share in the long run due to … frictional growth (that is, the interplay of wage dynamics and productivity growth). In the light of this result, we consider a … (or, equivalently, the wage-productivity gap) deserves the attention of policy makers …

-sector neoclassical framework with agriculture and non-agriculture, we derive the productivity-adjusted aggregate labor income share in … terms of the agricultural productivity gap, and the labor income share in non-agriculture and value-added factor shares. We … theory-based adjustment to our data, the average values for the aggregate and agricultural productivity-adjusted labor income …

labour costs. Under simple assumptions, up to a certain threshold, technological innovation improves productivity, wages and … and a productivity slowdown, despite greater job strain. The model suggests the possibility of a third phase in which … productivity and wages recover …

productivity. Further, when our model is subjected to skill-upgrading and changes in employee bargaining power, it is capable of … employeesﾒ relative productivity, i.e., skill-biased technological change, are unlikely to have caused the increase in income …

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 … and used these inputs to estimate the short-run and long-run relationship between labor market flows, labor productivity …