Showing 1 - 10 of 450
We use data on Austrian firms and employees to estimate the effects of employer-provided training on productivity …, wages, and the inequality of wages within firms. While the average amount spent on employer-provided training is low in … general, we find a robust positive elasticity of training on productivity of about 0.04. In-house training is more effective …
Persistent link: https://www.econbiz.de/10010294844
investigates its impact on the evolution of employment. Whilst maintaining the assumption of a unitary long-run elasticity of wages … with respect to productivity, we demonstrate that productivity growth affects the labour share in the long run due to … frictional growth (that is, the interplay of wage dynamics and productivity growth). In the light of this result, we consider a …
Persistent link: https://www.econbiz.de/10010280741
below trend - and total factor productivity (TFP), using a panel of 71 developed and developing countries during the period …
Persistent link: https://www.econbiz.de/10010278252
The employment structure of India's organised manufacturing sector has undergone substantial changes over the last decade with a steep rise in the use of contract workers in place of directly hired workers. Much of the existing literature has attributed the widespread use of contract labour to...
Persistent link: https://www.econbiz.de/10012099540
How costly will rising temperature due to climate change be for the U.S. economy? Recent research has used the well-identified response of output to weather to estimate this cost. But agents may adapt to the new climate. We propose a methodology to infer adaptation technology from the...
Persistent link: https://www.econbiz.de/10012429414
Changes in labor productivity have been a source of puzzlement and paradoxical results for economists. We suggest that … percent of all the variations in labor productivity. Also, our estimation method and our results suggest that conventional …
Persistent link: https://www.econbiz.de/10010288082
requiring multiple periods of work and stochastic productivity shocks. I find that increasing ability or reducing fatigue does …
Persistent link: https://www.econbiz.de/10010316935
-emplyee data from Portugal. Using dynamic panel data methods, we quantify a firm-specific productivity term for each firm, and we …
Persistent link: https://www.econbiz.de/10010317919
productivity. To that purpose, we introduce politics in an OLG economy with endogenous growth due to human and physical capital … resources from education spending to retirement benefits and a slowdown of productivity growth. Calibrated to U.S. data, the … and the education share to fall. This effect depresses the annual productivity growth rate by 10 basis points. In spite of …
Persistent link: https://www.econbiz.de/10011430063
move from higher-value to lower-value activities despite strong aggregate labor productivity growth (ALP). These papers use … sets. We show that there is no puzzle when one decomposes aggregate productivity growth in the terms of National Accounts …
Persistent link: https://www.econbiz.de/10010397786