Lazear, Edward P.; Shaw, Kathryn L.; Stanton, Christopher - Centre for Economic Performance, LSE - 2014
Why did productivity rise during recent recessions? One possibility is that average worker quality increased. A second … 2010 on individual worker productivity from a large firm, these effects can be measured and separated. For this firm, most … of the gain in productivity during the recession was a result of increased effort. Additionally, the increase in effort …