generating higher productivity. The UK government has been in th lead in providing incentives for profit-related pay, one … productivity. …

productivity) is low. Secondly, our estimates of the effects of training on wages are about half the size of the effects on …There is a vast empirical literature on 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 …

to reduce its labour costs. If the level of wages is sufficiently low, the firm's rate of productivity growth approaches …This Paper studies the inter-temporal problem of a monopolistic firm that engages in productivity-enhancing innovations … time. Otherwise, it will gradually reduce its innovation effort over time and ultimately terminate production. Productivity …

This paper uses a new data source to investigate whether wages rise more with seniority in unionized or non …

scales. Scales are seen as an alternative to individual merit pay. They are likely to be used when individual productivity is …

mitigate such behaviour. These findings do not seem to be driven by productivity differences, and are not affected by a series … paying higher wages to enjoy non-pecuniary private benefits such as lower effort wage bargaining and improved social …

how centralized bargaining inhibits firms from using wages to induce workers to learn how to use their experience from one …

analysis indicates how the changes can segment the labour market into an expanding sector of restructured firms where wages are … rising, a contracting sector of traditional firms where wages are relatively stagnant, and an expanding pool of the …; the widening dispersion of wages within occupational, educational, and job tenure groups in the United Kingdom and the …