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A Note on Schooling in Development Accounting

Caselli, Francesco; Ciccone, Antonio - Centre for Economic Performance, LSE - 2011

How much would output increase if underdeveloped economies were to increase their levels of schooling? We contribute to the development accounting literature by describing a nonparametric upper bound on the increase in output that can be generated by more schooling. The advantage of our approach...

Persistent link: https://www.econbiz.de/10009368611

Human Capital, Matching and Job Satisfaction

Barmby, Tim; Bryson, Alex; Eberth, Barbara - Centre for Economic Performance, LSE - 2012

Using a model of wage determination developed by Stevens (2003) we offer an explanation of why tenure has a negative effect when entered in job satisfaction equations. If job satisfaction measures match quality, then the explanation follows from a model of the labour market in which workers...

Persistent link: https://www.econbiz.de/10010553356

Convergence of Firm-Level Productivity, Globalisation, Information Technology and Competition: Evidence from France

Chevalier, Paul-Antoine; Lecat, Rémy; Oulton, Nicholas - Centre for Economic Performance, LSE - 2009

Studies of firm-level data have shown that there is a huge dispersion of productivity across firms even when industries are narrowly defined. So there is a significant opportunity for the least productive firms to catch up to the most productive. The formers' convergence could therefore...

Persistent link: https://www.econbiz.de/10005256474

Labor Market Institutions, Wages and Investment

Pischke, Jörn-Steffen - Centre for Economic Performance, LSE - 2004

Labor market institutions, via their effect on the wage structure, affect the investmentdecisions of firms in labor markets with frictions. This observation helps explain rising wageinequality in the US, but a relatively stable wage structure in Europe in the 1980s. Thesedifferent trends are the...

Persistent link: https://www.econbiz.de/10005670541

Product, Process and Organizational Innovation: Drivers, Complementarity and Productivity Effects

Polder, Michael; Leeuwen, George van; Mohnen, Pierre; … - DRUID, Copenhagen Business School, Department of … - 2010

We propose a model where both R&D and ICT investment feed into a system of three innovation output equations (product …, process and organizational innovation), which ultimately feeds into a productivity equation. We find that ICT investment and … usage are important drivers of innovation in both manufacturing and services. Doing more R&D has a positive effect on …

Persistent link: https://www.econbiz.de/10008678793