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decentralization. Productivity dispersion between firms and countries has motivated the improved measurement of firm organization … relationship is complex, and identification of the productivity effects of organizational practices remains a challenge for future …
Persistent link: https://www.econbiz.de/10009226035
discuss some implications of the big shift for pay, productivity, and the pace of innovation. Over the next five years, U …
Persistent link: https://www.econbiz.de/10014377339
discuss some implications of the big shift for pay, productivity, and the pace of innovation. Over the next five years, U …
Persistent link: https://www.econbiz.de/10014339132
service for all Americans (“universal access”) would raise earnings-weighted labor productivity by an estimated 1.1% in the … would raise productivity, and it would promote greater economic and social resilience during future disasters that inhibit …
Persistent link: https://www.econbiz.de/10013217683
The US has experienced a sustained increase in productivity growth since the mid-1990s, particularly in sectors that … intensively use information technologies (IT). This has not occurred in Europe. If the US “productivity miracle” is due to a … abroad. This paper shows in fact that US multinationals operating in the UK do have higher productivity than non …
Persistent link: https://www.econbiz.de/10005114281
We analyse the impact of Covid-19 on productivity using data from an innovative monthly firm survey panel that asks for … quantitative impacts of Covid on inputs and outputs. We find total factor productivity (TFP) fell by up to 5% during 2020–21. The … overall impact combined large reductions in ‘within-firm’ productivity, with an offsetting positive ‘between-firm’ effects as …
Persistent link: https://www.econbiz.de/10013300951
We consider several economic uncertainty indicators for the United States and the UK before and during the COVID-19 pandemic: implied stock market volatility, newspaper-based economic policy uncertainty, twitter chatter about economic uncertainty, subjective uncertainty about future business...
Persistent link: https://www.econbiz.de/10012389586
We examine several measures of uncertainty to make five points. First, equity market traders and executives at nonfinancial firms have shared similar assessments about one-year-ahead uncertainty since the pandemic struck. Both the one-year VIX and our survey-based measure of firm-level...
Persistent link: https://www.econbiz.de/10013351768
This Paper investigates the empirical relationship between uncertainty and investment dynamics. This is motivated by the real options literature, which suggests a weaker response of investment to demand shocks at higher levels of uncertainty, as firms place a greater value on the option to wait....
Persistent link: https://www.econbiz.de/10005666662
. Finally, the Brexit process is estimated to have reduced UK productivity by between 2% and 5% over the three years after the …
Persistent link: https://www.econbiz.de/10012863862