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hiring costs to analyse the link between sectoral resource allocation, low productivity growth and stagnant real wages. My … wages. I show, however, that in the immediate phase following the labor supply shock, labor productivity and real wages … technology growth and depressing real wages and productivity. I demonstrate that due to the learning-by-doing growth externality …
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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 … stagnation of real wages can in this setting constitute two sides of the same coin as a result of the shift in employment: In the …
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the misallocation of female talent across sectors distorts productivity. I formalize the theory by using a general …
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principal implications: First, the distribution of wages becomes more dispersed as a cohort of workers gains experience; second … growth in the variance of residual wages over the first ten years of the worker's career are also the occupations with high …
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