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The discussion about the long-run evolution of labor productivity in Switzerland is flawed because the available data … consequence, Switzerland's performance in terms of labor productivity growth has been underestimated in previous work …, particularly after the structural slowdown in labor productivity growth of 1973. …
Persistent link: https://www.econbiz.de/10010319698
expectancy. We integrate the theory into a unified growth model and reestablish increasing life expectancy as an engine of long …
Persistent link: https://www.econbiz.de/10010311688
We analyze the causal effect of the length of the worker's commute on worker's productivity, by examining whether … commuting time has any effect on worker's labour market supply. Using the Spanish Time Use Survey 2002-03, our GMM/IV estimation … yields a positive causal impact of commuting time on the time devoted to the labour market, with one hour of commuting …
Persistent link: https://www.econbiz.de/10010278752
variance of its components, which is then applied to measure the relative contributions of productivity, hours per worker, and … employment to cyclical output growth across a panel of countries. Measured productivity contributes more to the cycle in Europe …
Persistent link: https://www.econbiz.de/10010274432
We study the relationship between technology shocks and labor input on Swedish firm-level data using a production function approach to identify technology shocks. Taking standard steps yields a contractionary contemporaneous labor-input response in line with previous studies. This finding may,...
Persistent link: https://www.econbiz.de/10010320734
to describe and analyse the main developments in labour supply and its determinants in the euro area, review the links … between labour supply and labour market institutions, assess how well labour supply reflects the demand for labour in the euro …
Persistent link: https://www.econbiz.de/10011606239
An identical two-sector productivity shock causes Rybczynski (1955) and Stolper and Samuelson (1941) effects that … responses; Gali's (1999) negative impulse response of labour supply; and hours volatility. …
Persistent link: https://www.econbiz.de/10010494483
) challenging empirical finding that labour supply decreases upon impact of a positive productivity shock is reproduced, while …A positive joint two-sector productivity shock causes Rybczynski (1955) and Stolper and Samuelson (1941) effects that …
Persistent link: https://www.econbiz.de/10010288869
employment and productivity as a key tool for building an empirical evaluation of Real Business Cycle theories and New … hours worked. Such representations always yield a positive correlation between productivity and hours worked when …
Persistent link: https://www.econbiz.de/10010328611
This paper investigates how parametric reform in a pay-as-you-go pension system with a tax benefit link affects retirement incentives and work incentives of prime-age workers. We find that postponed retirement tends to harm incentives of prime-age workers in the presence of a tax benefit link,...
Persistent link: https://www.econbiz.de/10010294044