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the share of hospital labour costs in the total economy on hospital production, wages and technical change. From the raw … data, we observe a modest growth in hospital production over the whole research period. Strikingly, hospital wages … underwent explosive growth compared to wages in other sectors of the economy in the same timeframe, seemingly disproving the …
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This paper uses individual data on employment and wages to shed light on the UK's productivity puzzle. It finds that … workforce composition cannot explain the reduction in wages and hence productivity that we observe; instead, real wages have … lower capital-labour ratio. We cannot tell whether productivity is driving wages or vice versa, but understanding why wages …
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In this paper, we analyze the connection between value added, wages, and labor market ows at the establishment level …
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In this paper, we analyze the connection between value added, wages, and labor market flows at the establishment level …
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