Showing 1 - 10 of 99,501
the real product wage and labor productivity at the industry level. I use two datasets of manufacturing industries: the EU … consistent with distributive theories whereby real wages keep apace of labor productivity growth, giving rise to long …
Persistent link: https://www.econbiz.de/10010362594
We present a novel way to model technological shocks, with the feature that it can be biased towards more recently installed production units. We show that at one extreme, the shock is like a neutral technological shock, while at the other end of the spectrum, it resembles investment specific...
Persistent link: https://www.econbiz.de/10012825485
-sector neoclassical framework with agriculture and non-agriculture, we derive the productivity-adjusted aggregate labor income share in … terms of the agricultural productivity gap, and the labor income share in non-agriculture and value-added factor shares. We … theory-based adjustment to our data, the average values for the aggregate and agricultural productivity-adjusted labor income …
Persistent link: https://www.econbiz.de/10012829919
share of the overall cost of displacement. However, and despite the positive correlation between premium and productivity in … the cross-section of firms, we find that workers are reemployed by high productivity, low labor share firms. The observed … reallocation is therefore productivity-enhancing, yet costly for workers. We show that destination firms are less likely to …
Persistent link: https://www.econbiz.de/10013163563
In the United States, labor's share of income falls after a positive disturbance to productivity growth or inflation …, and it remains low for some time. Previous researchers have argued that the negative relationship between productivity … wages would predict the observed behavior of labor's share after a productivity disturbance, and it also predicts the …
Persistent link: https://www.econbiz.de/10009299014
The Agricultural Productivity Gap (APG) - the ratio of the average labor productivity in non-agriculture to that in …
Persistent link: https://www.econbiz.de/10012181758
The subject of offshoring and productivity has not yet received the attention it deserves. Here I propose a simple … framework for estimating the contribution of these strategies to the growth rate of labor productivity from a time … should be interpreted with caution yet clearly suggest that offshoring can improve labor productivity in the semiconductors …
Persistent link: https://www.econbiz.de/10009769045
The subject of offshoring and productivity has not yet received the attention it deserves. Here I propose a simple … framework for estimating the contribution of these strategies to the growth rate of labor productivity from a time … should be interpreted with caution yet clearly suggest that offshoring can improve labor productivity in the Semiconductors …
Persistent link: https://www.econbiz.de/10009729372
-sector neoclassical framework with agriculture and non-agriculture, we derive the productivity-adjusted aggregate labor income share in … terms of the agricultural productivity gap, and the labor income share in non-agriculture and value-added factor shares. We … theory-based adjustment to our data, the average values for the aggregate and agricultural productivity-adjusted labor income …
Persistent link: https://www.econbiz.de/10012242624
We develop a quantitative framework in which income inequality arises endogenously in response to productivity shocks …
Persistent link: https://www.econbiz.de/10013443717