Showing 1 - 10 of 1,489
This paper analyzes the implications of labor market institutions and policies on the employment-labor productivity … unemployment and the distribution of both wages and productivity are endogenous. By means of simulations of this model estimated on …
Persistent link: https://www.econbiz.de/10010274094
impressive productivity gains. But it is easy to confuse true productivity advances in transportation industries with changes in … productivity can be overwhelmed by even subtle changes in the traffic mix. After controlling for endogenous changes in the … data, 1982-1997, with observed productivity changes much more likely due to changes in speed limits and the dimensions of …
Persistent link: https://www.econbiz.de/10010268026
Persistent productivity gains to rural-urban migrants have been documented by a number of researchers. One …
Persistent link: https://www.econbiz.de/10010268387
labor market flexibility, in a general equilibrium model of dynamic labor demand where the productivity of firms evolves ….e. unexpected changes in the drift and standard deviation of the stochastic process describing the dynamics of productivity, depends … workers with idiosyncratic productivity below some threshold value. A more volatile environment, and a lower rate of …
Persistent link: https://www.econbiz.de/10010268688
that over time, either firms learn about worker productivity but productivity remains fixed or workers' productivities … importance. We derive a dynamic model of learning and productivity that nests both models and allows them to coexist. We estimate … correlates of productivity, as opposed to the empirical evidence on employer learning which uses one fixed measure. Second, we …
Persistent link: https://www.econbiz.de/10010272657
rapidly raising productivity while making workers redundant. This paper explores the evidence for this view among the IT …-using U.S. manufacturing industries. There is some limited support for more rapid productivity growth in IT … expectations, is that output contracts in IT-intensive industries relative to the rest of manufacturing. Productivity increases …
Persistent link: https://www.econbiz.de/10010333318
Why do some leaders succeed while others fail? This question is important, but its complexity makes it hard to study systematically. We examine an industry in which there are well-defined objectives, small teams, and exact measures of leaders' characteristics. We show that a strong predictor of...
Persistent link: https://www.econbiz.de/10010268751
establishments' productivities. Inflation distorts aggregate productivity through firm entry dynamics. The model is calibrated to the … decrease in the steady-state average productivity of roughly 0.5 percent compared to the optimum's steady-state. This decrease … in productivity is not innocuous: it leads to a doubling of the welfare cost of inflation. …
Persistent link: https://www.econbiz.de/10010269435
Using a large longitudinal, nationally representative workplace-level dataset, we explore the productivity gains … substitutes in production, and that the productivity gains associated with organizational redesign are industry-specific. …
Persistent link: https://www.econbiz.de/10010273853
The literature has pointed to different causes to explain the productivity gap between Europe and United States in the … last decades. This paper tests the hypothesis that the lower European productivity performance in comparison with the US …&D investment into productivity gains. The proposed microeconometric estimates are based on a unique longitudinal database covering …
Persistent link: https://www.econbiz.de/10010278355