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features aggregate unemployment and jobs that pay different wages to identical workers. Simulations show that, for reasonable …
Persistent link: https://www.econbiz.de/10012760076
engineers proportion (SEP) of employment, and productivity and labor earnings. We show that: (1) most scientists and engineers …&D); (2) productivity is higher in manufacturing establishments with higher SEP, and increases with increases in SEP; (3 … important pathway for increasing productivity and earnings, separate and distinct from the work of scientists and engineers who …
Persistent link: https://www.econbiz.de/10012954468
This study is an attempt to evaluate the effects of product and labour market regulations on industry productivity … through their various impacts on changes in production prices and wages. In a first stage, the estimation of a regression …-factor productivity is negatively and significantly influenced by both indicators of industrial prices from same industry and weighted …
Persistent link: https://www.econbiz.de/10013046151
This paper examines how employer- and worker-specific productivity shocks transmit to earnings and employment in an … 11%, but price permanent worker differences, a large contributor (32%) to variations in wages. A large share of the … earnings growth variance can be attributed to job mobility, which interacts with productivity shocks. We evaluate the effects …
Persistent link: https://www.econbiz.de/10014090932
This paper studies the long-term effect of hedge fund activism on the productivity of target firms using plant …'s business strategy. We also find that plants sold post-intervention exhibit a significant improvement in productivity under new …. We further find that employees of target firms experience a reduction in work hours and stagnation in wages despite an …
Persistent link: https://www.econbiz.de/10013119570
productivity. HRM includes incentive pay (individual and group) as well as many non-pay aspects of the employment relationship such … literature on management practices and productivity. We start with some facts on levels and trends of both HRM and productivity … regulation. The largest section analyses the impact of HRM on productivity emphasizing issues of methodology, data and results …
Persistent link: https://www.econbiz.de/10013069842
for any permanent differences in productivity across workers, firms, and job matches. We also compare OLS and instrumental … strong evidence of rent-sharing, with a "Lester range" of variation in wages between profitable and unprofitable firms of …
Persistent link: https://www.econbiz.de/10013140998
An observed positive relationship between compensation and productivity cannot distinguish between two channels: (1) an …
Persistent link: https://www.econbiz.de/10013060678
Average wage growth is closely related to aggregate productivity growth across countries and within countries over time …. The commonality of patterns across OECD countries suggests that common factors are at work. Are productivity …-based explanations of wage changes consistent with increasing variance in wages as well as increases in mean wages as suggested by skill …
Persistent link: https://www.econbiz.de/10013324710
We develop an empirical framework to assess the importance of trade and technical change on the wages of production and … outsourcing and expenditures on high-technology equipment can explain a substantial amount of the increase in the wages of … our benchmark assumption that industry prices are independent of productivity. When we allow for the endogeneity of …
Persistent link: https://www.econbiz.de/10013219298