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How costly will rising temperature due to climate change be for the U.S. economy? Recent research has used the well-identified response of output to weather to estimate this cost. But agents may adapt to the new climate. We propose a methodology to infer adaptation technology from the...
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Measuring workers' productivity is important for public policy and private-sector decision-making. Due to a lack of … reliable methods to determine workers' productivity, firms often use specific performance measures, such as how different … teachers. To select the right performance measures, and as a result design better employment contracts and improve productivity …
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This study describes the state of the art in the measurement of intangible capital and its contribution to economic … labour-productivity growth in the US and larger countries of the EU. The continental West-European countries show a … from intangibles, and also larger multi-factor productivity (MFP) growth rates related to the restructuring of those …
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