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Chapter 65 Microeconometric Models of Investment and Employment

Bond, Stephen; Van Reenen, John - In: Handbook of econometrics : volume 6A, (pp. 4417-4498). 2007

We survey recent microeconometric research on investment and employment that has used panel data on individual firms or plants. We focus on model specification and econometric estimation issues, but we also review some of the main empirical findings. We discuss advantages and limitations of...

Persistent link: https://www.econbiz.de/10014024950

The impact of training on productivity and wages: Evidence from British panel data

Dearden, Lorraine; Reed, Howard; Van Reenen, John - 2005

It is standard in the literature on training to use wages as a sufficient statistic for productivity. This paper … examines the effects of work-related training on direct measures of productivity. Using a new panel of British industries 1983 … productivity. A one percentage point increase in training is associated with an increase in value added per hour of about 0.6% and …

Persistent link: https://www.econbiz.de/10010292946

Who gains when workers train? Training and corporate productivity in a panel of British industries

Dearden, Lorraine; Reed, Howard; Van Reenen, John - 2000

productivity. This paper is part of a smaller literature on the effects of training on direct measures of industrial productivity …. We analyse a panel of British industries between 1983 and 1996. Training information (and other individual productivity … use a variety of panel data techniques (including system GMM) to argue that training significantly boosts productivity …

Persistent link: https://www.econbiz.de/10010330311

The Fall of the Labor Share and the Rise of Superstar Firms

Autor, David H. - 2017

The fall of labor's share of GDP in the United States and many other countries in recent decades is well documented but its causes remain uncertain. Existing empirical assessments of trends in labor's share typically have relied on industry or macro data, obscuring heterogeneity among firms. In...

Persistent link: https://www.econbiz.de/10012956029