The new training literature suggests that in a monopsonistic market employers will not only pay for firm-specific training but also for general training if the risk of poaching is limited. This implies that training participation should decrease when competition for employees is higher among...

This paper studies how different demographic groups respond to incentives by comparing performance in the GRE examination in "high" and "low" stakes situations. The high stakes situation is the real GRE examination and the low stakes situation is a voluntary experimental section of the GRE that...

The factors behind the emergence of the New Economy are still poorly understood. In this article, Pascal Petit from CEPREMAP and CNRS in France provides an institutional perspective on the developmental phases or roots of this New Economy. He analyzes the structural, institutional and...

Productivity and income growth rates and differentials vary widely among OECD countries. In this chapter, Bart van Ark develops a framework for the understanding of these productivity and income differences. The framework breaks GDP per capita into two basic drivers: labour supply and labour...

España avanza hacia el final de 2014 por un camino en el que se observan señales positivas de corrección de los desequilibrios que han agravado la crisis y de recuperación de la actividad. Al mismo tiempo, se hacen más evidentes los enormes desafíos a los que hemos de responder para...

In this chapter, Graves and Jenkins explore the attitudes of Canadians to productivity. The distinction between our standard of living and our quality of life is a powerful one for Canadians generally. The economic citizen who emerges from Graves and Jenkins data is relatively aware of the terms...