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productivity, exploiting an exogenous variation in the institutional environment regulating collective bargaining. We find that the … introduction of collective performance related pay significantly increases productivity by around 3-5 per cent, but such effect … type of parameters used - is also relevant for firm productivity. …
Persistent link: https://www.econbiz.de/10010282249
This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the U.S. over the past 25 years. Next, it indicates which of these regularities can be explained within the competitive demand-supply framework of analysis and what is left unexplained....
Persistent link: https://www.econbiz.de/10010272949
Twenty years have passed since Freeman and Medoff's What Do Unions Do? This essay assesses their analysis of how unions … in the U.S. private sector affect economic performance - productivity, profitability, investment, and growth. Freeman and … Medoff are clearly correct that union productivity effects vary substantially across workplaces. Their conclusion that union …
Persistent link: https://www.econbiz.de/10010261606
The Slovenian transition represents a slow but steady liberalization of constraints on competition. Using a unique … of atypically rapid growth of total factor productivity (TFP) relative to levels in OECD countries, and that the rise in … as surviving firms, prove to be the major source of TFP gains. Market competition from new entrants, foreign-owned firms …
Persistent link: https://www.econbiz.de/10010261614
productivity so the paper examines the link between unions and productivity finding only a small association by the end of the 1990 …
Persistent link: https://www.econbiz.de/10010276175
Using a common methodology, the effects of unions on wage levels and wage dispersion are estimated for two neighboring … countries, Bolivia and Chile, and for the U.S. The analysis shows that unions have broadly similar effects on the wage … distribution within these three economies. The findings suggest that the political economy of unions, coupled with market …
Persistent link: https://www.econbiz.de/10010287658
values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility … where it does not properly measure technology) and makes it possible to calculate the contributions of disaggregated units …-level (EU-KLEMS) and firm-level (Amadeus) data. After adding further assumptions about technology and market structure (firms …
Persistent link: https://www.econbiz.de/10010269431
Using a rich sample of admission records from New Orleans Touro Infirmary, we examine the in-hospital mortality risk of … likely to die in the hospital than the whites. We analyze the determinants of in-hospital mortality at Touro using Oaxaca … based on the selective hospital admission of slaves. …
Persistent link: https://www.econbiz.de/10010277319
competition. The model predicts that in the short run the least efficient firms in the industry become inactive, surviving firms … face a fall in output, mark-ups and profits, and the average productivity of survivors increases. These pro …
Persistent link: https://www.econbiz.de/10010271260
experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition … productivity distribution of all potential opponents reduces competition failures by more than 50%, (2) information on the …This paper studies the influence of information on entry choices in a competition with a controlled laboratory …
Persistent link: https://www.econbiz.de/10010282257