Showing 1 - 10 of 13
productivity relative to the aggregate economy leads to a rise in relative wages of 0.1-0.2%. As a corollary to this, outside …
Persistent link: https://www.econbiz.de/10005791514
to reduce its labour costs. If the level of wages is sufficiently low, the firm's rate of productivity growth approaches …
Persistent link: https://www.econbiz.de/10005067455
labor costs. Our analysis indicates that when wages and prices are flexible, product demand policies have no significant …
Persistent link: https://www.econbiz.de/10005666572
The commonly accepted chronology for comparative productivity levels based on GDP data does not apply to the manufacturing sector, where there is evidence of a much greater degree of stationarity of comparative labour productivity performance among the major industrialized countries of Germany,...
Persistent link: https://www.econbiz.de/10005788874
This paper studies the dynamic behaviour of changes in productivity, wages, and prices. Results are based on a new data … exaggerated in recent work. Europe has neither greater nominal wage flexibility nor more rigid real wages than the United States … any of the benefits of increased output. The analysis of real wages also yields new results. A consistent treatment of the …
Persistent link: https://www.econbiz.de/10005789135
We provide comparisons between East and West Germany before reunification of relative levels of output per hour in manufacturing industries. The comparisons are based on the industry of origin approach which makes use of information on value added and employment derived from production...
Persistent link: https://www.econbiz.de/10005792123
find that PRP raises wages by about 9% for men and 6% for women over the entire (union and non-union) sample. Our …
Persistent link: https://www.econbiz.de/10005504474
Many technologies used by the LDCs are developed in the OECD economies and are designed to make optimal use of the skills of these richer countries' workforces. Differences in the supply of skills create a mismatch between the requirements of these technologies and the skills of LDC workers, and...
Persistent link: https://www.econbiz.de/10005114308
significantly the wages of eligible workers but were frequently abandoned after an initial period of experiment. Analysis of data …
Persistent link: https://www.econbiz.de/10005656141
Switzerland has experienced a substantial influx of immigrants over the 50 years since World War II, to the extent that it now has one of the highest share of foreigners in population among OECD countries. This paper analyses Switzerland’s experience of migration, centring on two main issues:...
Persistent link: https://www.econbiz.de/10005661751