Showing 1 - 10 of 327
We revisit Western Europe's record with labor-productivity convergence, and tentatively extrapolate its implications for the future path of Eastern Europe. The poorer Western European countries caught up with the richer ones through both higher rates of physical capital accumulation and greater...
Persistent link: https://www.econbiz.de/10012467642
A longstanding puzzle of empirical economics is that average labor productivity declines during recessions and increases during booms. This paper provides a framework to assess the empirical importance of competing hypotheses for explaining the observed procyclicality. For each competing...
Persistent link: https://www.econbiz.de/10012473356
Using data from the Groningen Growth and Development Center's Africa Sector Database and the Demographic and Health Surveys, we show that much of Africa's recent growth and poverty reduction has been associated with a substantive decline in the share of the labor force engaged in agriculture....
Persistent link: https://www.econbiz.de/10012455659
Poland, Hungary. and Czechoslovakia and develop a model of changing support for reforms during the transition to a market … massive vacancies. The dispersion of wages increased substantially in Hungary and Poland though not in Czechoslovakia. My …
Persistent link: https://www.econbiz.de/10012474756
shock accounts for all of the decline in Hungarian GDP, about 60 percent of decline in Czechoslovakia, and between a quarter …
Persistent link: https://www.econbiz.de/10012474863
Persistent link: https://www.econbiz.de/10003490578
This study analyzes the impact of major industrial relations variables on productivity within a plant that assembles large commercial aircraft. The analysis combines the deep firm- specific knowledge of management and labor typical of the best of traditional industrial relations with formal...
Persistent link: https://www.econbiz.de/10012471367
Interest in the potential effects of different systems for organizing work and managing employees on the performance of organizations has a long history in the social sciences. The interest in economics, arguably more recent, reflects a general concern about the sources of competitiveness in...
Persistent link: https://www.econbiz.de/10012471410
We examine the impact of wage stickiness when employment has an effort as well as hours dimension. Despite wages being predetermined, the labor market clears through the effort margin. We compare this model quantitatively to models with flexible and sticky wages, but no effort margin. Allowing...
Persistent link: https://www.econbiz.de/10012471475
Output per worker varies enormously across countries. Why? On an accounting basis, our analysis shows that differences in physical capital and educational attainment can only partially explain the variation in output per worker we find a large amount of variation in the level of the Solow...
Persistent link: https://www.econbiz.de/10012471639