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GDP per worker fell for the five years after 2008 which is unprecedented in post war UK history. In this paper we argue that “capital shallowing” (i.e. the fall in the capital-labour ratio) could be the main reason for this. This is likely to have occurred due to changes in factor prices: a...
Persistent link: https://www.econbiz.de/10011126109
Differences in the labour market experiences of men and women have fallen over the last 20 years, but there are still sizeable 'gender gaps' in employment and wages. Certain factors help to explain a good part of gender gaps, including caring for young children, occupational choice and part-time...
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There is a vast empirical literature of the effects of training on wages that are taken as an indirect measure of productivity. This paper is part of a smaller literature on the effects of training on direct measures of industrial productivity. We analyse a panel of British industries between...
Persistent link: https://www.econbiz.de/10011537524
This paper examines alternative approaches to wage subsidy programmes. It does this in the context of a recent active labour market reform for the young unemployed in Britain. This "New Deal" reform and the characteristics of the target group are examined in detail. We discuss theoretical...
Persistent link: https://www.econbiz.de/10011538460
Recent research suggests that much of the cross-firm variation in measured productivity is due to differences in use of advanced management practices. Many of these practices - including monitoring, goal setting, and the use of incentives - are mediated through employee decision-making and...
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