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Estimates produced by the OECD indicate that labour productivity levels are higher in a number of European countries … argues that a structural measure of labour productivity, closer to a measure of technical efficiency, would take into account … employment rate and hours of work in terms of productivity and that once these effects are taken into account, the United States …
Persistent link: https://www.econbiz.de/10005518969
The importance of knowledge and skills in meeting new challenges in production and distribution is particularly evident in today’s market, which is characterized by a saturation of products and strong competition. To be successful in the market, companies must stand out and be creative and...
Persistent link: https://www.econbiz.de/10009770333
Should managers be liable for ill-conceived business decisions? One answer is given by U.S. courts, which almost never hold managers liable for their mistakes. In this paper, we address the question in a theoretical model of delegated decision making. We find that courts should indeed be lenient...
Persistent link: https://www.econbiz.de/10011490260
This paper examines mandatory occupational licensure in several professions from barbers, cosmetologists, radiologic technicians, CPAs, mid-level healthcare providers, and physicians. Mandatory licensure is cited as a mechanism for serving the public interest by assuring professionals possess...
Persistent link: https://www.econbiz.de/10013075615
the productivity difference between physicians and nurse practitioners (NPs), two health care professions performing … when accounting for NPs' wages that are half as much as physicians'. Despite large productivity differences between … professions, we find even larger productivity differences within professions and substantial productivity overlap between …
Persistent link: https://www.econbiz.de/10013435170
Amidst the rise of remote work, we ask: what are the effects of proximity to coworkers? We find being near coworkers has tradeoffs: proximity increases long-run human capital development at the expense of short-term output. We study software engineers at a Fortune 500 firm, whose main campus has...
Persistent link: https://www.econbiz.de/10014437011
findings resolve conflicting results regarding the role of management in public sector productivity and demonstrate how public …
Persistent link: https://www.econbiz.de/10014421182
Although most U.S. institutions of higher education now make appreciable use of work-based learning options, their attention to experiential education as a learning vehicle is relatively limited. The connection between the work experience and the on-campus curriculum is only loosely formed, and...
Persistent link: https://www.econbiz.de/10014044456
The purpose of this report is twofold. First, to describe the digitalization of modern manufacturing and U.S. businesses' adoption of digital technologies and identify the implications for policy carried by these trends. And second, to provide recommendations for competition policy in Korea...
Persistent link: https://www.econbiz.de/10014264385
Persistent link: https://www.econbiz.de/10011350070