investigates links between firm productivity and monetary and non-monetary dimensions of job quality. The results point to a … positive impact of higher salaries on firm productivity, but limited effects of non-monetary job quality indicators … quality indicators had a weak impact on productivity, however, reducing the incentive of employers to invest in job quality …

: distorted employment decisions, increased productivity, and higher exit rates. Our empirical analysis, using a novel dataset and …% points higher annual productivity growth, and a 3.6% points higher probability of exit for firms with binding employment … after 10 years. Additionally, an alternative policy of productivity investment subsidies proved costly and less effective in …