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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP11055 |
DP11055 Working Hard in the Wrong Place: A Mismatch-Based Explanation to the UK Productivity Puzzle | |
Giovanni L. Violante; Giorgio Topa; Aysegul Sahin; Christina Patterson | |
发表日期 | 2016-01-24 |
出版年 | 2016 |
语种 | 英语 |
摘要 | The UK experienced an unusually prolonged stagnation in labor productivity in the aftermath of the Great Recession. This paper analyzes the role of sectoral labor misallocation in accounting for this ?productivity puzzle.? If jobseekers disproportionately search for jobs in sectors where productivity is relatively low, hires are concentrated in the wrong sectors, and the post-recession recovery in aggregate productivity can be slow. Our calculations suggest that, quantified at the level of three-digit occupations, this mechanism can explain up to two thirds of the deviations from trend-growth in UK labor productivity since 2007. |
主题 | Labour Economics ; Macroeconomics and Growth |
关键词 | Mismatch Occupation Productivity |
URL | https://cepr.org/publications/dp11055 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/539884 |
推荐引用方式 GB/T 7714 | Giovanni L. Violante,Giorgio Topa,Aysegul Sahin,et al. DP11055 Working Hard in the Wrong Place: A Mismatch-Based Explanation to the UK Productivity Puzzle. 2016. |
条目包含的文件 | 条目无相关文件。 |
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