knowledge sector is bounded, as productivity increases, the economy moves from a Solovian zone where wages increase with … productivity, to a Marxian zone where they paradoxically decline with productivity. This is because as consumption of a given good … more unevenly distributed than productivity, technical progress always increases inequality. Redistribution from profits to …

knowledge sector is bounded, as productivity increases, the economy moves from a "Solovian zone" where wages increase with … productivity, to a "Marxian" zone where the paradoxically decline with productivity. This is because as consumption of a given good … more unevenly distributed then productivity, technical progress always increases inequality. Redistribution from profits to …

We estimate how much of the gains from productivity spillovers through worker mobility is retained by the hiring firms …

productivity) is low. Secondly, our estimates of the effects of training on wages are about half the size of the effects on …There is a vast empirical literature of the effects of training on wages that are taken as an indirect measure of … productivity. This paper is part of a smaller literature on the effects of training on direct measures of industrial productivity …

temporary help service firm that records both workers' wages and their productivity as measured by the fees charged to client …-by-doing increases productivity more than wages. … frictions entails wage compression, larger productivity gain than wage growth to skill acquisition, and motivates a firm to …