An observed positive relationship between compensation and productivity cannot distinguish between two channels: (1) an …

This paper studies the long-term effect of hedge fund activism on the productivity of target firms using plant …'s business strategy. We also find that plants sold post-intervention exhibit a significant improvement in productivity under new …. We further find that employees of target firms experience a reduction in work hours and stagnation in wages despite an …

differentials and compare them with estimated relative wages. The analysis provides evidence on productivity and nonproductivity … training on wages and productivity differentials. Higher education yields higher productivity. However, highly educated workers … appropriate their productivity gains of education through wages. On the other hand, workers with more experience are more …

Llull presents a cross-country analysis of the impact of immigration on productivity and employment. Push … imply a semi-elasticity of native wages to immigration of −0.7 if the extensive margin of labour supply is ignored (the … zeroes of displaced workers are averaged in), and +0.12 on the wages of those who remain working. The effect on immigrant …

analyse the link between sectoral resource allocation, low productivity growth and stagnant real wages. My results suggest … raises growth of technology, labor productivity and real wages. I show, however, that a slowdown in productivity and … immediate phase following the shock, labor productivity and real wages stagnate as employment gains are initially …

correlates; and (c) the link between TVA and teacher wages. Teachers are highly effective in our setting: Moving a student from … between TVA and wages in the public sector (although there is in the private sector), and a policy change that shifted public … hiring from permanent to temporary contracts, reducing wages by 35 percent, had no adverse impact on TVA, either immediately …