Essays On The Cyclical Behavior Of Employment And Productivity

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Essays On The Cyclical Behavior Of Employment And Productivity

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Author : Jahangir Aziz
language : en
Publisher:
Release Date : 2003

Essays On The Cyclical Behavior Of Employment And Productivity written by Jahangir Aziz and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with categories.

Productivity Growth Inflation And Unemployment

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Author : Robert James Gordon
language : en
Publisher: Cambridge University Press
Release Date : 2004

Productivity Growth Inflation And Unemployment written by Robert James Gordon and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Business & Economics categories.

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Three Essays On Productivity

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Author : Mark J. Lasky
language : en
Publisher: Garland Publishing
Release Date : 1994

Three Essays On Productivity written by Mark J. Lasky and has been published by Garland Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Business & Economics categories.

The Cyclical Behavior Of Job Creation And Job Destruction

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Author : Jeremy Greenwood
language : en
Publisher: London, Ont. : Department of Economics, University of Western Ontario
Release Date : 1994

The Cyclical Behavior Of Job Creation And Job Destruction written by Jeremy Greenwood and has been published by London, Ont. : Department of Economics, University of Western Ontario this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Business cycles categories.

Essays On The Economics Of Organizations Productivity And Labor

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Author : Bradford Lee Cowgill
language : en
Publisher:
Release Date : 2015

Essays On The Economics Of Organizations Productivity And Labor written by Bradford Lee Cowgill and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.

This dissertation is about how firms use incentives and information in internal personnel and management practices, in particular relating to hiring and innovation. In the first chapter, I study competition between workers inside of firms. Why do firms use incentives that encourage anti-social behavior among employees? Rank-based promotion schemes are among the most widespread forms competition and incentives, despite encouraging influence-peddling, sabotage and anti-social behavior. I study a natural experiment using rich administrative data from a large, white collar firm. At the firm, competitors for promotions depend partly on dates-of-hire. I utilize the date-of-hire assignment as a source of exogenous variation in the intensity of intra-worker competition. I use the firm's multidimensional timestamped productivity logs as ``time diaries'' to study the amount, character and allocation of output across tasks. I find that competition has significant incentives for effort and efficiency -- as well as lobbying- and sabotage- like behaviors -- without affecting the quality and innovativeness of output. I also find that employees facing high competition are more likely to quit and join other companies, particularly higher-performing employees. Lastly, I show that competition induces workers to differentiate and specialize by concentrating effort into a smaller set of tasks. These results show that while workers respond to incentives from competition, they also seek to avoid it through sorting and differentiation strategies. The productivity gains from differentiation and specialization may partly explain the common use of these incentives by firms. In the second chapter, I study how firms use social networks in hiring. Using personnel data from nine large firms in three industries (call-centers, trucking, and high-tech), we empirically assess the benefit to firms of hiring through employee referrals. Compared to non-referred applicants, referred applicants are more likely to be hired and more likely to accept offers, even though referrals and non-referrals have similar skill characteristics. Referred workers tend to have similar productivity compared to non-referred workers on most measures, but referred workers have lower accident rates in trucking and produce more patents in high-tech. Referred workers are substantially less likely to quit and earn slightly higher wages than non-referred workers. In call-centers and trucking, the two industries for which we can calculate worker-level profits, referred workers yield substantially higher profits per worker than non-referred workers. These profit differences are driven by lower turnover and lower recruiting costs for referrals. In the third and final chapter, I study the use of betting markets inside of firms. Despite the popularity of prediction markets among economists, businesses and policymakers have been slow to adopt them in decision making. Most studies of prediction markets outside the lab are from public markets with large trading populations. Corporate prediction markets face additional issues, such as thinness, weak incentives, limited entry and the potential for traders with biases or ulterior motives - raising questions about how well these markets will perform. We examine data from prediction markets run by Google, Ford Motor Company and an anonymous basic materials conglomerate (Firm X). Despite theoretically adverse conditions, we find these markets are relatively efficient, and improve upon the forecasts of experts at all three firms by as much as a 25\% reduction in mean squared error. The most notable inefficiency is an optimism bias in the markets at Google. The inefficiencies that do exist generally become smaller over time. More experienced traders and those with higher past performance trade against the identified inefficiencies, suggesting that the markets' efficiency improves because traders gain experience and less skilled traders exit the market.

Three Essays On Productivity Rle Business Cycles

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Author : Mark J. Lasky
language : en
Publisher: Routledge
Release Date : 2015-03-27

Three Essays On Productivity Rle Business Cycles written by Mark J. Lasky and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-03-27 with Business & Economics categories.

The behaviour of US productivity since this book was originally publishedin 1994, has added new relevance to the relationship between profits and productivity. In the long run, productivity growth determines the economic standard of living. This book is divided into three parts: the basis of the first is the empirical finding that, controlling for normal business cycle effects, productivity grows faster when profits have been low than otherwise. The second part discusses how to measure marginal cost using time series data and the third tests a basic assumption that productivity growth is exogenous to labour and capital.

The Cyclicality Of Worker Flows Evidence From Germany

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Author : Daniela Nordmeier
language : en
Publisher: wbv Media GmbH & Company KG
Release Date : 2013-11-05

The Cyclicality Of Worker Flows Evidence From Germany written by Daniela Nordmeier and has been published by wbv Media GmbH & Company KG this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-11-05 with Social Science categories.

Die Entwicklung von Arbeitslosigkeit und Beschäftigung wird maßgeblich von den Übergängen auf dem Arbeitsmarkt beeinflusst. Daniela Nordmeier analysiert die Übergänge von Arbeitskräften, also Einstellungen und Entlassungen, im konjunkturellen Kontext. Dabei stützt sie sich auf prozessgenerierte Personendaten des IAB, welche einen umfassenden Einblick in die Dynamik am deutschen Arbeitsmarkt ermöglichen. Die Arbeit umfasst drei eigenständige wissenschaftliche Aufsätze, die zentrale Aspekte dieser Thematik beleuchten: * Zeitaggregation bei der Messung von Arbeitsmarktübergängen * Dynamik der Arbeitslosigkeit in Abhängigkeit von strukturellen Schocks * Modellierung von Einstellungen mithilfe einer Matchingfunktion.

Cyclical Behavior Of Labor Productivity In The U S Non Agricultural Private Economy And Manufacturing Industries

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Author : Sheldon S. D. Cheng
language : en
Publisher:
Release Date : 1976

Cyclical Behavior Of Labor Productivity In The U S Non Agricultural Private Economy And Manufacturing Industries written by Sheldon S. D. Cheng and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1976 with categories.

Essays On The Great Depression

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Author : Ben S. Bernanke
language : en
Publisher: Princeton University Press
Release Date : 2024-01-09

Essays On The Great Depression written by Ben S. Bernanke and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-01-09 with Business & Economics categories.

From the Nobel Prize–winning economist and former chair of the U.S. Federal Reserve, a landmark book that provides vital lessons for understanding financial crises and their sometimes-catastrophic economic effects As chair of the U.S. Federal Reserve during the Global Financial Crisis, Ben Bernanke helped avert a greater financial disaster than the Great Depression. And he did so by drawing directly on what he had learned from years of studying the causes of the economic catastrophe of the 1930s—work for which he was later awarded the Nobel Prize. Essays on the Great Depression brings together Bernanke’s influential work on the origins and economic lessons of the Depression, and this new edition also includes his Nobel Prize lecture.

Essays In Quantitative Macroeconomics

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Author : Facundo Sepulveda
language : en
Publisher:
Release Date : 2002

Essays In Quantitative Macroeconomics written by Facundo Sepulveda and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Business cycles categories.