empirically investigate the link between firms' choice of worker mix and the implied relationships between productivity and wages … observable characteristics. (ii) We find that new businesses exhibit even greater heterogeneity in earnings and productivity than … different for earnings and productivity, is consistent both with firms learning as they age and with the exit of mistake' prone …

Major strands of recent macroeconomic theory hinge on the relation of workers' efforts to their wages, but there has … include detailed time diaries to examine how changes in the use of time on the job affect wages. Additional time spent by the …-the-job leisure will reduce productivity (output per hour paid-for), that monitoring workers can yield returns to the firm, but that …

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 …

productivity of women is less than that of men, but not by enough to fully explain the gap in wages, a result that is consistent … deferred wages. We find a productivity premium for marriage equal to that of the wage premium, and a productivity premium for … that both the wage and productivity profiles are rising but concave to the origin (consistent with profiles quadratic in …

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 …

An observed positive relationship between compensation and productivity cannot distinguish between two channels: (1) an …

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 …

The present study is the third in a series of three papers devoted to issues in the measurement of productivity and … productivity growth. The major findings are as follows. First, this study shows that the new data set used here, which develops … useful supplement to existing data sets. Second, there has clearly been a rebound in labor-productivity growth in recent …

Starting from the same level of productivity and per-capita income as the United States in the mid-nineteenth century … productivity has almost converged, its income per person has leveled off at about three-quarters of America's. How could Europe be …

U.S. labor and total-factor productivity growth slowed prior to the Great Recession. The timing rules out explanations … intensively, consistent with a return to normal productivity growth after nearly a decade of exceptional IT-fueled gains. A … calibrated growth model suggests trend productivity growth has returned close to its 1973-1995 pace. Slower underlying …