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larger, more productive, and pay higher wages than other firms in the same industry. Positive performance effects of engaging …
Persistent link: https://www.econbiz.de/10011417118
larger, more productive, and pay higher wages than other firms in the same industry. Positive performance effects of engaging …
Persistent link: https://www.econbiz.de/10012122596
Persistent link: https://www.econbiz.de/10013369590
Over the last decades, hours worked per capita have declined substantially in many OECD economies. Using a neoclassical growth model with endogenous work-leisure choice, we assess the role of trend growth slowdown in accounting for the decline in hours worked. In the model, a permanent reduction...
Persistent link: https://www.econbiz.de/10012546895
Over the last decades, hours worked per capita have declined substantially in many OECD economies. Using the standard neoclassical growth model with endogenous work-leisure choice, we assess the role of trend growth slowdown in accounting for the decline in hours worked. In the model, a...
Persistent link: https://www.econbiz.de/10012546254
Persistent link: https://www.econbiz.de/10003745327
Persistent link: https://www.econbiz.de/10010340484
hiring costs to analyse the link between sectoral resource allocation, low productivity growth and stagnant real wages. My … wages. I show, however, that in the immediate phase following the labor supply shock, labor productivity and real wages … technology growth and depressing real wages and productivity. I demonstrate that due to the learning-by-doing growth externality …
Persistent link: https://www.econbiz.de/10012870989
determination processes. The low elasticities of wages to productivity are plausibly the consequence of the massive flow of migrant …This paper highlights new findings on the wage-productivity nexus in the World Factory Economy. After presenting the … long-run macro-elasticity characterizing the phase of Chinese economic development since the eighties, we look at the wage-productivity …
Persistent link: https://www.econbiz.de/10011986753
Persistent link: https://www.econbiz.de/10011732543