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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
This paper examines the relationship between trade and job quality, using productivity and wage rate data for export … than those in non-export activities. While the productivity premium for export activities is confirmed in low- and middle … productivity at the country-sector level, which can be attributed to productivity gains within export activities as well as …
Persistent link: https://www.econbiz.de/10014516816
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
Workers participating in firm-sponsored training receive higher wages as a result. But given that firms pay the …-sponsored training leads to higher productivity levels and increased innovation, both of which benefit the firm. Training can also be …
Persistent link: https://www.econbiz.de/10011430770
We use data on Austrian firms and employees to estimate the effects of employer-provided training on productivity …, wages, and the inequality of wages within firms. While the average amount spent on employer-provided training is low in … general, we find a robust positive elasticity of training on productivity of about 0.04. In-house training is more effective …
Persistent link: https://www.econbiz.de/10011343914
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 …
Persistent link: https://www.econbiz.de/10009752196
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