Previous empirical studies on the effect of age on productivity and wages find contradicting results. Some studies find … that if workers grow older there is an increasing gap between productivity and wages, i.e. wages increase with age while … productivity does not or does not increase at the same pace. However, other studies find no evidence of such an age related pay-productivity …

The age structure of capital plays an important role in the measurement of productivity.It has been argued that the … productivity measurement.One proposition proves that Nelson s (1964) formula is only an approximation.Our final proposition shows … that inclusion of the vintage effect prompts an upward correction of measured productivity growth in times of an aging …

Abstract: We investigate whether and how the type of unemployment bene t institution affects productivity. We designed … a field experiment to compare workers' productivity under a welfare system, where the unemployed receive an … unconditional monetary transfer, with their productivity under a workfare system, where the transfer is received conditional on the …

Industry productivity is obtained by aggregation of firm productivities and inclusion of the appropriate allocative …

.In particular, we demonstrate that a technological shock (increasing productivity of research) can, through this interaction, lead … to a productivity slowdown and a shift in labor market contracts away from firms providing implicit guarantees of … proportion of the labor force under short term employment, increased relative returns of workers in high productivity sectors …