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Layard, Metcalf and Nickell have formed annual estimates of the union mark-up for unskilled males in the United Kingdom manufacturing sector over the period 1951-1983. We critically assess their estimates as an index of union power and propose a number of hypotheses that determine the union...
Persistent link: https://www.econbiz.de/10005281366
inter-state migrants within India consume fewer calories per Rupee of food expenditure compared to their non … on culture: that migrants make nutritionally-suboptimal food choices due to cultural preferences for the traditional … foods of their origin states. First, I focus on the preferences themselves and document that migrants bring their origin …
Persistent link: https://www.econbiz.de/10011083900
The comovement between exports and productivity observed in many countries suggests a direct link between these two … attempts to examine this relationship, while recent trade theory suggests that the relationship between trade and productivity … suggest that exports, productivity and the terms of trade move together in the long run in all countries except the United …
Persistent link: https://www.econbiz.de/10005504339
would reflect higher productivity of more senior workers. If this were true, the observation of an effect of seniority on … effect of seniority on wages does not reflect a higher productivity of more senior workers. Theories in which wages are …-selection of better workers in longer jobs. In both these cases the upward sloping wage profile in cross-sectional regressions …
Persistent link: https://www.econbiz.de/10005504362
aggregation problem introduces a bias into standard measures of firm productivity. We develop a theoretical model of heterogeneous …
Persistent link: https://www.econbiz.de/10005504461
, explains the initial rise in unemployment. The reduction in union power also helps to explain the acceleration in productivity … low wages and productivity. A fall in union power results in a reduction in these inefficiencies and leads not only to a … rise in productivity but also in wages. …
Persistent link: https://www.econbiz.de/10005504742
focus on the control of the voting of agricultural workers by landlords and show that if the employment relationship is … political activities of their workers. This generates an added incentive to own land and leads to inefficiently high land …
Persistent link: https://www.econbiz.de/10005504774
Using two matched plant level skills and productivity datasets for UK manufacturing we document that (i) more … productive firms hire more skilled workers: in 2000, plants at the top decile of the TFP distribution (controlling for their four …-digit industry) hired workers with, on average, around 1/3rd of a year of additional schooling compared to firms in the bottom decile …
Persistent link: https://www.econbiz.de/10005497762
What is the effect of imports on productivity? To answer this question, we estimate a structural model of producers … productivity through expanding variety as well as improved input quality. The model leads to a production function where the total … factor productivity of a firm depends on the share of inputs imported. To estimate this import-augmented production function …
Persistent link: https://www.econbiz.de/10005497802
This paper explores the role of stabilization policy in a model where firm entry responds to shocks and uncertainty. We evaluate stabilization policy in the context of a simple analytically solvable sticky price model, where firms have to prepay a fixed cost of entry. The presence of endogenous...
Persistent link: https://www.econbiz.de/10005497957