Productivity

Productivity

Showing 121 – 140 of 316 results

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Public sector pensions and pay

Book Chapter
This chapter considers both public service pensions and public sector pay and forms part of the IFS Green Budget 2012, due to be published 1 February.

31 January 2012

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Policies for growth

Presentation

This presentation was given at a briefing following the autumn statement 2011.

30 November 2011

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Rate cutting, base broadening: a reduced incentive for investment?

Comment

In a speech made yesterday, the leader of the Labour party, Ed Miliband, accused the coalition's corporate tax policies of "rigging" the tax system against manufacturing and long term investment. This observation discusses how the package of measures will alter the tax burden and affect the UK's competitiveness.

1 November 2011

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China is investing rapidly in skills and science: UK should do the same

Comment

China has experienced unprecedented investment in skills and science, which has resulted in rapid growth in innovative outputs. New evidence suggests that Chinese inventors have the capacity to engage in research at the technology frontier. Such trends have fuelled widespread concerns over Western economies' ability to maintain their dominance in knowledge creation and high skill employment. However, innovation is not a zero-sum game; the success of China need not be at the expense of the West.

5 September 2011

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Field experiments with firms

Journal article

We discuss how the use of field experiments sheds light on long-standing research questions relating to firm behavior.

1 June 2011

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Matching, sorting and wages

Report

We develop an empirical search-matching model with productivity shocks so as to analyze policy interventions in a labour market with heterogeneous agents.

15 April 2011

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Wage Risk and Employment Risk over the Life Cycle

Journal article

We specify a life-cycle model of consumption, labor supply and job mobility in an economy with search frictions. We distinguish different sources of risk, including shocks to productivity, job arrival, and job destruction. Allowing for job mobility has a large effect on the estimate of productivity risk. Increases in the latter impose a considerable welfare loss. Increases in employment risk have large effects on output and, primarily through this channel, affect welfare. The welfare value of programs such as Food Stamps, partially insuring productivity risk, is greater than the value of unemployment insurance which provides (partial) insurance against employment risk.

1 September 2010