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-adjusted index of labor services. We find that Total Factor Productivity (TFP) growth decreases significantly when using the latter … method. This means that when using the alternative method one explains more of the growth in labor productivity than what a …
Persistent link: https://www.econbiz.de/10013141726
The stock of human capital in an area is important for regional economic growth and development. However, highly educated workers are often quite mobile and there is a concern that public investments in college graduates may not benefit the state if the college graduates leave the state after...
Persistent link: https://www.econbiz.de/10013039575
from the EUKLEMS database. Our main findings are as follows. Over 2000-2005, market sector labour productivity grew at 2 … innovation contributed 61% (=(1.24+0.45)/2.74)of labour productivity growth over the period …
Persistent link: https://www.econbiz.de/10012764658
This paper is one of the first to use employer-employee data on wages and labor productivity to measure discrimination …
Persistent link: https://www.econbiz.de/10012983916
Persistent link: https://www.econbiz.de/10013103469
The importance of noncognitive childhood skills in predicting higher wages is well documented in economics. This paper studies the reverse. Using surveys of lottery winners, we analyze the effects of unearned income on the Big Five personality traits. After correcting for potential endogeneity...
Persistent link: https://www.econbiz.de/10013118044
Empirical growth regressions typically include mean years of schooling as a proxy for human capital. However, empirical research often finds that the sign and significance of schooling depends on the sample of observations or the specification of the model. We use a nonparametric local-linear...
Persistent link: https://www.econbiz.de/10013089004
Research on child skill formation and related policies typically rely on parent- reported measures of child non-cognitive skills. In this paper, we show that parental assessments of child non-cognitive skills are directly affected by the skills of the parents. We develop a dynamic model of child...
Persistent link: https://www.econbiz.de/10012822833
, R&D investments, and productivity across 12 OECD economies and 17 manufacturing and service industries. Much of the … positive relationship between those cognitive skills and the labour productivity in a country-sector combination. The part of … the cross-country cross-sector variation in labour productivity that can be explained by human capital is remarkably large …
Persistent link: https://www.econbiz.de/10012966051
inequality, and higher productivity growth through automation. In this paper we critically re-assess these predictions by (i … aggregate demand. A second is that the predictions of AI causing massive job losses and faster growth in productivity and GDP … growth and productivity is stagnating and inequality is rising. Our paper provides a theoretical explanation of this in the …
Persistent link: https://www.econbiz.de/10012906469