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, rapidly narrowed the productivity gap with advanced economies. In contrast, in countries of the Commonwealth of Independent … States, which embarked on reforms later and contented with less depth, the productivity gap remains substantial. While the …
Persistent link: https://www.econbiz.de/10008572571
This paper uses teacher assessments at age 16 in Norwegian comprehensive schools to measure different types of skills …. While we follow the literature and interpret test scores in Mathematics and Science as proxy for cognitive skills, we use a … novel measure for another type of skills: Performance in behavioral and practical subjects. Using individual register data …
Persistent link: https://www.econbiz.de/10010627556
productivity-enhancing effect. The reform of fixed-term contracts instead did not produce the intended results: it induced a … substitution of temporary employees in favour of permanent ones and reduced capital intensity, generating productivity losses. We …
Persistent link: https://www.econbiz.de/10009221556
This paper examines the long-run impact of ordinal rank during primary school on productivity using comprehensive … most likely mechanisms for this effect on task-specific productivity. …
Persistent link: https://www.econbiz.de/10010779409
The paper studies the dynamic macroeconomic effects of fiscal shocks of various duration (permanent and temporary) under different financing methods (lump-sum tax and government debt). To this end, we develop an intertemporal macroeconomic model for a small open economy, featuring monopolistic...
Persistent link: https://www.econbiz.de/10005094387
Market power exercised by firms has become central to macroeconomics. Recent theoretical work highlights the importance of the relation between market power and inflation. We examine this relation for individual firms in eleven U.S. industries. Our econometric framework exploits restrictions...
Persistent link: https://www.econbiz.de/10005094449
countries. In theory, trade openness can affect inflation through changes in market competitiveness and productivity …. Nonetheless, previous empirical studies often fail to account for productivity effects, and their results may overstate the role … controlling for productivity effects. Indeed, when market competition and productivity effects are both accounted for, trade …
Persistent link: https://www.econbiz.de/10009391719
In this paper we present the Ifo Investment Database, which provides annual investment data for 12 investment assets in 50 German industries from 1991 onward. The data is consistent with national accounts statistics provided by the German Federal Statistical Office and is based on investments in...
Persistent link: https://www.econbiz.de/10010877644
We examine the interaction between goods trade and market power in domestic trade and distribution sectors. Theory suggests a set of linkages between service-sector competition and goods trade supported by econometrics involving imports of 22 OECD countries vis-à-vis 69 exporters. Competition...
Persistent link: https://www.econbiz.de/10005181406
is found that patents ought to be weaker, the more intense competition, the higher R&D productivity, and the more …
Persistent link: https://www.econbiz.de/10008572561