Force Survey. This is combined with complementary industry-level data sources on value added, wages, labour and capital. We …There is a vast empirical literature of the effects of training on wages that are taken as an indirect measure of … productivity) is low. Secondly, our estimates of the effects of training on wages are about half the size of the effects on …

labor share, employment and wages respond to privatization and other regulatory changes. We exploit cross-country panel data …

It is standard in the literature on training to use wages as a sufficient statistic for productivity. But there are … many reasons why wages and productivity may diverge. This paper is part of a smaller literature on the effects of work … training, productivity and wages. Using a variety of econometric estimation techniques (including system GMM) we find that …

have occurred due to changes in factor prices: a large fall in real wages and increases in the cost of capital. In previous … recessions real wages did not fall, but reforms to union strength and welfare have made wages more sensitive to negative demand …

It is standard in the literature on training to use wages as a sufficient statistic for productivity. This paper … an increase in hourly wages of about 0.3%. We also show evidence using individual level datasets that is suggestive of …

Force Survey. This is combined with complementary industry-level data sources on value added, wages, labour and capital. We …There is a vast empirical literature of the effects of training on wages that are taken as an indirect measure of … productivity) is low. Secondly, our estimates of the effects of training on wages are about half the size of the effects on …