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We investigate how the deterioration of household balance sheets affects worker productivity, and whether such effects …
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the productivity and wage increase can be attributed to changing quality of the workforce. The rest of the increase …
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the productivity and wage increase can be attributed to changing quality of the workforce. The rest of the increase …
Persistent link: https://www.econbiz.de/10012461073
/EU productivity gap. We find robust evidence that US firms have a higher capacity to translate R&D into productivity gains (especially … in the high-tech industries), and this contributes to explaining the higher productivity of US firms. Conversely, EU … firms are more likely to achieve productivity gains through capital-embodied technological change at least in medium and low …
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Proponents of minimum wage increases have argued that such hikes can serve as an engine of economic growth and assist low-skilled individuals during downturns in the business cycle. However, a review of the literature provides little empirical support for these claims. Minimum wage increases...
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