Productivity & International Management Heterogeneity

Here is a chart from John Van Reenen’s recent paper on management as a technology. It shows that the distribution of survey-assessed management quality across firms varies quite a bit across countries. In the US, you see much fewer poorly … Continue reading

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How Much Do Wages Go Up When Profit Increases by a Dollar?

Given the interest in the rise of robots, shrinking labor shares and the owners of capital, I thought I’d highlight a Van Reenen paper that David Card suggested we read on the link between firm profitability and wages. It looks at at … Continue reading

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