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between education institutions and employment, iii) providing training opportunities during working life, and iv) making …
Persistent link: https://www.econbiz.de/10012203203
employment rate, but also high wage inequality, informality and labour turnover, which limits incentives for firms to invest in …The labour market in Russia is very flexible. Firms adjust to economic shocks through wage cuts, working hour … reductions and minimisation of non-wage labour costs. Workers react by changing jobs. This results in a high and stable overall …
Persistent link: https://www.econbiz.de/10011392839
The Spanish economy experienced significantly weaker labour productivity growth than other OECD economies and failed to catch up with the most advanced economies in the period 1996-2007. In recent years labour productivity growth has accelerated, but this recovery is likely to be due to cyclical...
Persistent link: https://www.econbiz.de/10009690983
With a newly constructed firm-level dataset combining various survey- and registry data from Statistics Estonia, this paper sheds new light on the labour productivity premium from adopting digital technologies and boosting digital skill use. The productivity premium is decomposed into a direct...
Persistent link: https://www.econbiz.de/10012421213
Technologies such as cloud computing, software to automate supplier- and customer relations, online platforms and artificial intelligence seem to offer a vast potential to boost productivity and living standards. However, aggregate productivity growth has declined sharply across the OECD over...
Persistent link: https://www.econbiz.de/10012421214
Korea is a top player in emerging digital technologies, with an outstanding digital infrastructure and a dynamic ICT sector. The COVID-19 outbreak highlighted the importance of digitalisation to contain the spread of the virus, by allowing quick testing and tracing of infected people, and...
Persistent link: https://www.econbiz.de/10012421298
Technological change is transforming Ireland’s economic structures, leading to new jobs and innovative products that benefit consumers. Adoption of new technologies by businesses has been high relative to many other OECD economies, but it has been uneven across industries and the impact on...
Persistent link: https://www.econbiz.de/10012259021
This paper extends earlier OECD work exploring the link between skills mismatch, productivity and policies to include the countries in the second wave of OECD Survey of Adult Skills, with a special focus on New Zealand. We find that the percentage of workers who are mismatched in terms of skills...
Persistent link: https://www.econbiz.de/10011700559
OECD countries and their regions are ageing fast. In principle, the negative impact of ageing on the growth rate of per capita gross domestic product could be offset by increases in productivity. However, for many regions, productivity growth required to maintain per capita GDP levels constant...
Persistent link: https://www.econbiz.de/10012132889
employment where they are most productive, in the process raising their incomes. Reskilling can be improved by boosting the links …-term unemployment and low employment rates of older workers. Improving life-long learning will allow workers to adapt to a changing … economic environment and thereby contribute to their own well-being. Adjusting wage determination and broadening labour market …
Persistent link: https://www.econbiz.de/10011823619