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-level productivity in a two-country DSGE model with heterogenous producers and an endogenous dynamic export participation decision. First …
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We examine the differential effects of automation on the labor market and educational outcomes of women relative to men over the past four decades. Although women were disproportionately employed in occupations with a high risk of automation in 1980, they were more likely to shift to high-skill,...
Persistent link: https://www.econbiz.de/10014468230
firms earn higher pay at all earnings levels. Second, this pay-productivity relationship strengthens with seniority …, doubling from an elasticity of 0.07 for pay on productivity for the median-paid employee to 0.15 for the top-paid employee … rising productivity can explain 40% of the rise in within-firm inequality since 1980 …
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wages and productivity across establishments. The second is that the increased dispersion in wages and productivity across … productivity dispersion have increased substantially over the last few decades, and (4) a substantial fraction of the rising … dispersion in wages and productivity is accounted for by increasing wage and productivity differentials across high and low …
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our benchmark assumption that industry prices are independent of productivity. When we allow for the endogeneity of …
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prices and total factor productivity (TFP) with the aim of highlighting data patterns that are useful for evaluating business … run movements in total factor productivity and (ii) such stock prices innovations do not affect U.S. sectoral TFPs …
Persistent link: https://www.econbiz.de/10012467182
Our answer: not so well. We reach that conclusion after reviewing recent research on the role of technology as a source of economic fluctuations. The bulk of the evidence suggests a limited role for aggregate technology shocks, pointing instead to demand factors as the main force behind the...
Persistent link: https://www.econbiz.de/10012468056
market to globalization forces and rapid productivity growth in European manufacturing. Other local industries also suffered … decline, and these regions underwent de-industrialization as a consequence. How different was Ottoman experience from the rest … of the poor periphery? Was de-industrialization more or less pronounced? Was the terms of trade shock bigger or smaller …
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