Showing 1 - 10 of 68
Persistent link: https://www.econbiz.de/10009756871
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...
Persistent link: https://www.econbiz.de/10011458600
Force Survey. This is combined with complementary industry-level data sources on value added, wages, labour and capital. We …There is a vast empirical literature of the effects of training on wages that are taken as an indirect measure of … productivity) is low. Secondly, our estimates of the effects of training on wages are about half the size of the effects on …
Persistent link: https://www.econbiz.de/10011537524
labor share, employment and wages respond to privatization and other regulatory changes. We exploit cross-country panel data …
Persistent link: https://www.econbiz.de/10010746486
It is standard in the literature on training to use wages as a sufficient statistic for productivity. But there are … many reasons why wages and productivity may diverge. This paper is part of a smaller literature on the effects of work … training, productivity and wages. Using a variety of econometric estimation techniques (including system GMM) we find that …
Persistent link: https://www.econbiz.de/10010746764
have occurred due to changes in factor prices: a large fall in real wages and increases in the cost of capital. In previous … recessions real wages did not fall, but reforms to union strength and welfare have made wages more sensitive to negative demand …
Persistent link: https://www.econbiz.de/10011126109
It is standard in the literature on training to use wages as a sufficient statistic for productivity. This paper … an increase in hourly wages of about 0.3%. We also show evidence using individual level datasets that is suggestive of …
Persistent link: https://www.econbiz.de/10010292946
Force Survey. This is combined with complementary industry-level data sources on value added, wages, labour and capital. We …There is a vast empirical literature of the effects of training on wages that are taken as an indirect measure of … productivity) is low. Secondly, our estimates of the effects of training on wages are about half the size of the effects on …
Persistent link: https://www.econbiz.de/10010330311
This paper examines the impact of technological innovation on wages using a panel of UK manufacturing firms. We utilize …. Innovating firms are found to have higher average wages, but rival innovation tends to depress own wages. This appears consistent … with a model where wages are partly determined by a sharing in the rents generated by innovation. In other words innovation …
Persistent link: https://www.econbiz.de/10005791279
This paper uses establishment level data from the British Workplace Industrial Relations Survey (WIRS) to examine the effects of new technology on pay. The wage differential associated with new technology is about 5-7% and is (i) robust to corrections for skill, workplace disamenities, and...
Persistent link: https://www.econbiz.de/10005067373