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Panel data estimates of the production function and product and labor market imperfections

Dobbelaere, Sabien; Mairesse, Jacques - 2010

Consistent with two models of imperfect competition in the labor market, the efficient bargaining model and the monopsony model, we provide two extensions of a microeconomic version of Hall's framework for estimating price-cost margins. We show that both product and labor market imperfections...

Persistent link: https://www.econbiz.de/10010274657

Happiness and growth the world over: time series evidence on the happiness-income paradox

Easterlin, Richard A.; Angelescu, Laura - 2009

There is no significant relationship between the improvement in happiness and the long term rate of growth of GDP per capita. This is true for three groups of countries analyzed separately - 17 developed, 9 developing, and 11 transition - and also for the 37 countries taken together. Time series...

Persistent link: https://www.econbiz.de/10010269194

Happiness and economic growth: does the cross section predict time trends? ; evidence from developing countries

Easterlin, Richard A.; Sawangfa, Onnicha - 2009

Based on point-of-time comparisons of happiness in richer and poorer countries, it is commonly asserted that economic growth will have a significant positive impact on happiness in poorer countries, if not richer. The time trends of subjective well-being (SWB) in 13 developing countries,...

Persistent link: https://www.econbiz.de/10010271238

Happiness and Growth the World Over: Time Series Evidence on the Happiness-Income Paradox

Easterlin, Richard A.; Angelescu, Laura - Institute for the Study of Labor (IZA) - 2009

There is no significant relationship between the improvement in happiness and the long term rate of growth of GDP per capita. This is true for three groups of countries analyzed separately − 17 developed, 9 developing, and 11 transition − and also for the 37 countries taken together. Time...

Persistent link: https://www.econbiz.de/10005822021

Micro-evidence on rent sharing from different perspectives

Dobbelaere, Sabien; Mairesse, Jacques - 2010

-to-manage, efficient bargaining, labor hoarding) whereas the productivity approach hinges on the assumption of efficient bargaining. Across …

Persistent link: https://www.econbiz.de/10010269757

Treating equals unequally: incentives in teams, workers' motivation and production technology

Goerg, Sebastian J.; Kube, Sebastian; Zultan, Ro'i - 2009

results demonstrate that unequal rewards can potentially increase productivity by facilitating coordination, and that the …

Persistent link: https://www.econbiz.de/10010274018

Econometric Mediation Analyses: Identifying the Sources of Treatment Effects from Experimentally Estimated Production Technologies with Unmeasured and Mismeasured Inputs

Heckman, James J.; Pinto, Rodrigo - 2013

This paper presents an econometric mediation analysis. It considers identification of production functions and the sources of output effects (treatment effects) from experimental interventions when some inputs are mismeasured and others are entirely omitted.

Persistent link: https://www.econbiz.de/10010328902

The role of sectoral growth patterns in labor market development

Arias-Vazquez, Francisco Javier; Lee, Jean Nahrae; … - 2012

This paper investigates the relationship between sectoral growth patterns and employment outcomes. A broad cross-country analysis reveals that in middle-income countries, employment responds more to growth in less productive and more labor-intensive sectors. Employment in middle-income countries...

Persistent link: https://www.econbiz.de/10010289844

Using firm optimization to evaluate and estimate returns to scale

Gorodnichenko, Yuriy - 2008

heterogeneity in productivity and factor prices symmetrically. The strength of the proposed estimator is illustrated by Monte Carlo …

Persistent link: https://www.econbiz.de/10010268849

Are occupations paid what they are worth? An econometric study of occupational wage inequality and productivity

Kampelmann, Stephan; Rycx, Francois - 2011

productivity. The empirical evidence on the validity of this assumption is surprisingly thin and subject to various potential … productivity-wage gaps. They find that occupations play distinct roles for remuneration and productivity: while the estimations … indicate a significant upward-sloping occupational wage-profile, the hypothesis of a flat productivity-profile cannot be …

Persistent link: https://www.econbiz.de/10010280673