Norris Keiller, Agnes; Obermeier, Tim; Teichgraeber, Andreas - National Bureau of Economic Research - 2024
When labour market competition is imperfect, positive industry (and firm) productivity shocks can be passed through to …-decade-long productivity boom. There was a thirteen-fold increase in real output per worker between 1980 and 2018, compared to a four … whether this productivity increase has been shared with employees, we find that auto workers experienced far stronger hourly …