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We investigate whether workers reallocate up firm productivity and wage job ladders, and the cyclicality of this … process. We document that productivity is a better measure of the job ladder than the average wage, since high productivity … cycle differs between the firm wage and productivity ladders. In recessions, employment decreases more in low than in high …
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market sorting, and aggregate shocks. In response to a positive productivity shock, incentives to sort increase … disproportionately. Firms respond by posting additional vacancies, and the strength of the response is increasing in firm productivity …
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offshoring on German productivity, employment, and employment structure. She provides a well-balanced synthesis of theoretical …
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demand for skilled labor: technological change in firm‐specific productivity and technological change in labor productivity …. We find that technological change in labor productivity, in the form of higher returns to skill in production, is the … main driver of the increase in between‐ and within‐group inequality. Technological change in firm productivity, in the form …
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productivity (TFP) on the equilibrium relative wage of low-skilled workers in eleven high-income countries. The key finding is that …
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