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This paper examines the disincentive effects of perceived underpayment on individuals' exerted effort and promotion. To this end we develop a theoretical framework and obtain empirical evidence by analysing British academia data. We find that, tenured academics will tend to invest less effort in...
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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 …
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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 …
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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 …
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lower wages for women, relatively higher productivity for part-timers). Interactions between gender and part-time suggest … between wage/productivity differentials and the firm's labor composition in terms of part-time and sex. Findings suggest that … that the positive productivity effect is driven by male part-timers working more than 25 hours, whereas the share of female …
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