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marginal productivity of different categories of workers with the wages they earn. Under certain conditions, the wage premiums … for worker characteristics should equal the productivity benefits associated with them. I find that equality holds …). Differences between wage and productivity premiums are most pronounced for characteristics that are clearly related to human …
Persistent link: https://www.econbiz.de/10012468520
This study is an attempt to evaluate the effects of product and labour market regulations on industry productivity … through their various impacts on changes in production prices and wages. In a first stage, the estimation of a regression …-factor productivity is negatively and significantly influenced by both indicators of industrial prices from same industry and weighted …
Persistent link: https://www.econbiz.de/10012458102
An observed positive relationship between compensation and productivity cannot distinguish between two channels: (1) an …
Persistent link: https://www.econbiz.de/10012458839
This paper studies the long-term effect of hedge fund activism on the productivity of target firms using plant …'s business strategy. We also find that plants sold post-intervention exhibit a significant improvement in productivity under new …. We further find that employees of target firms experience a reduction in work hours and stagnation in wages despite an …
Persistent link: https://www.econbiz.de/10012461140
engineers proportion (SEP) of employment, and productivity and labor earnings. We show that: (1) most scientists and engineers …&D); (2) productivity is higher in manufacturing establishments with higher SEP, and increases with increases in SEP; (3 … important pathway for increasing productivity and earnings, separate and distinct from the work of scientists and engineers who …
Persistent link: https://www.econbiz.de/10012455197
We assess the role of information gaps in understanding gender differences in negotiation behavior by conducting a randomized information experiment on the 2018 to 2020 graduating cohorts of undergraduate business majors from Boston University. Prior to starting their job search, treated...
Persistent link: https://www.econbiz.de/10014486245
comparisons and caused employers to bargain more aggressively, lowering average wages. Other pay transparency policies, without … motivation and productivity. Cross-firm pay transparency policies reveal wage differences across employers. These policies have …
Persistent link: https://www.econbiz.de/10014247982
The U.S. college wage premium doubles over the life cycle, from 27 percent at age 25 to 60 percent at age 55. Using a panel survey of workers followed through age 60, I show that growth in the college wage premium is primarily explained by occupational sorting. Shortly after graduating, workers...
Persistent link: https://www.econbiz.de/10014322761
We study the impact of techies--engineers and other technically trained workers--on firm-level productivity. We first … structural econometric methods, we estimate the causal effect of techies on firm-level Hicks-neutral productivity in both … manufacturing and non-manufacturing industries. We find that techies raise firm-level productivity, and this effect goes beyond the …
Persistent link: https://www.econbiz.de/10014322729
We examine the impact of Artificial Intelligence (AI) on productivity in the context of taxi drivers. The AI we study … improves drivers' productivity by shortening the cruising time, and such gain is accrued only to low-skilled drivers, narrowing … the productivity gap between high- and low-skilled drivers by 14%. The result indicates that AI's impact on human labor is …
Persistent link: https://www.econbiz.de/10013435174