labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … productivity. …

values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …

recent empirical work on the impact of organizational capital on firm productivity and workers? wages. We then discuss in … detail how organizational capital has been measured and the measurement issues that face those trying to understand the …

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 …

combination, the conventional Malmquist-Luenberger productivity index is modified to give the alternative sequential … environmentally sensitive productivity index. This proposed index is employed in measuring productivity growth and its decomposed … components of the conventional Malmquist-Luenberger productivity index and the proposed index are different, the developments of …

Implementing performance pay requires that workers' output be measured. When measurement costs differ among firms …, those with a measurement cost advantage choose to implement performance pay. They attract the best workers, and both the … switch to salary firms once their productivity is revealed. The magnitude of the resulting worker flows depends on the payoff …

knowledge sector is bounded, as productivity increases, the economy moves from a ?Solovian zone? where wages increase with … productivity, to a ?Marxian? zone where the paradoxically decline with productivity. This is because as consumption of a given good … more unevenly distributed then productivity, technical progress always increases inequality. Redistribution from profits to …