total factor productivity and by the capital stock per capita. These variables suffice to calculate welfare changes within a … the degree of market competition. It applies to open economies as well, if total factor productivity is constructed using … productivity be constructed with prices and quantities as perceived by consumers, not firms. Thus, factor shares need to be …

these transitions allows the identification of duration dependence in the job offer arrival rate and the wage offer … likelihood. The results show that the presence of significant negative duration dependence in the wage offer distribution causes … reservation wages to decrease. The rate at which job offers arrive is constant over the unemployment duration. These findings …

negatively selected on unobservables. A beneficial (unemployment-duration reducing) causal effect of internet job search is …

potentially important long term implications. We use micro data for England and Wales that contain an unusually rich set of …

in the U.S. private sector affect economic performance - productivity, profitability, investment, and growth. Freeman and … Medoff are clearly correct that union productivity effects vary substantially across workplaces. Their conclusion that union … productivity effect near zero. Their speculation that productivity effects are larger in more competitive environments appears to …

How do economic reforms affect resource reallocation processes and their contributions to productivity growth? This … rates that bore little relationship to relative labor and multifactor productivity across firms. Since reforms began …, resource flows have increased in both countries, and their contributions to aggregate productivity growth have become …

and operate on international markets) on the productivity dynamics of enterprises. Using a unique balanced panel of 681 … show that exposure to deep reform have lead to higher productivity realisations while remaining under state ownership. …