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This paper introduces dynamics in the R&D-to-innovation and innovation-to-productivity relationships, which have mostly been estimated on cross-sectional data. It considers four nonlinear dynamic simultaneous equations models that include individual effects and idiosyncratic errors correlated...
Persistent link: https://www.econbiz.de/10013063857
Individual evaluation interviews have become a widespread practice. 52% of employees in French manufacturing firms over 50 employees declared an annual individual evaluation interview in 1997. However whereas the problem of constructing an optimal contract with subjective evaluation (which is...
Persistent link: https://www.econbiz.de/10012753959
that exclusion did not affect U.S. agricultural wages or employment. Important mechanisms include adoption of less labor …
Persistent link: https://www.econbiz.de/10012963750
dispersion should also have increased. The relevant data for the US is problematic, so we utilize a UK panel dataset covering the …
Persistent link: https://www.econbiz.de/10012759891
. 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
allowances lead firms to increase employment, but entry wages and workforce composition are insensitive to patent decisions. On …
Persistent link: https://www.econbiz.de/10012908159
Firms often use non-linear incentive systems to motivate workers to achieve specified goals, such as paying bonuses to reach targets in sales, production, or cost reduction. Using administrative data from a major Chinese insurance firm that raised its sales targets and rewards for insurance...
Persistent link: https://www.econbiz.de/10012893583
This paper studies the relationships between on-the-job training, wages and job performance by using the personnel …
Persistent link: https://www.econbiz.de/10012760145
through their various impacts on changes in production prices and wages. In a first stage, the estimation of a regression … equation on an industry*country panel, with controls for country*industry and country*year fixed effects, show that multi … average of industrial prices from other industries, and by indicators of country wages weighted by industry labour shares for …
Persistent link: https://www.econbiz.de/10013046151
Since 1973 median compensation has diverged starkly from average labor productivity. Since 2000, average compensation has also begun to diverge from labor productivity. These divergences lead to the question: to what extent does productivity growth translate into compensation growth for typical...
Persistent link: https://www.econbiz.de/10012931215