Showing 1 - 10 of 16
productivity relative to the aggregate economy leads to a rise in relative wages of 0.1-0.2%. As a corollary to this, outside …
Persistent link: https://www.econbiz.de/10005791514
to reduce its labour costs. If the level of wages is sufficiently low, the firm's rate of productivity growth approaches …
Persistent link: https://www.econbiz.de/10005067455
labor costs. Our analysis indicates that when wages and prices are flexible, product demand policies have no significant …
Persistent link: https://www.econbiz.de/10005666572
The commonly accepted chronology for comparative productivity levels based on GDP data does not apply to the manufacturing sector, where there is evidence of a much greater degree of stationarity of comparative labour productivity performance among the major industrialized countries of Germany,...
Persistent link: https://www.econbiz.de/10005788874
This paper studies the dynamic behaviour of changes in productivity, wages, and prices. Results are based on a new data … exaggerated in recent work. Europe has neither greater nominal wage flexibility nor more rigid real wages than the United States … any of the benefits of increased output. The analysis of real wages also yields new results. A consistent treatment of the …
Persistent link: https://www.econbiz.de/10005789135
We provide comparisons between East and West Germany before reunification of relative levels of output per hour in manufacturing industries. The comparisons are based on the industry of origin approach which makes use of information on value added and employment derived from production...
Persistent link: https://www.econbiz.de/10005792123
find that PRP raises wages by about 9% for men and 6% for women over the entire (union and non-union) sample. Our …
Persistent link: https://www.econbiz.de/10005504474
This paper evaluates the contributions from firm entry, exit and continuation to labour productivity growth in New Zealand over the period 1995 to 2003. Decomposition techniques developed by Griliches and Regev (1995) and by Foster, Haltiwanger and Krizan (1998) are employed. Results suggest...
Persistent link: https://www.econbiz.de/10005464976
Many technologies used by the LDCs are developed in the OECD economies and are designed to make optimal use of the skills of these richer countries' workforces. Differences in the supply of skills create a mismatch between the requirements of these technologies and the skills of LDC workers, and...
Persistent link: https://www.econbiz.de/10005114308
The composition of the New Zealand workforce has changed considerably over the past two decades. Qualification levels have risen, labour force participation has trended upwards for women, immigrants have increasingly been sourced from Asia, and the large baby-boom cohort has contributed to an...
Persistent link: https://www.econbiz.de/10005121000