Skill, Productivity, and Wages Direct Evidence from a Temporary Help Agency
发布日期:2024/05/27
作者: 董馨蔚 Dean Hyslop Daiji Kawaguchi
单位: 华中科技大学经济学院 Motu Economic and Public Policy Research University of Tokyo, Research Institute of Economy, Trade, and Industry, and Institute of Labor Economics
期刊: Journal of Labor EconomicsVolume 42, Number S1
Abstract
Firms frequently provide general skill training for workers. Theories propose that labor market frictions entail wage compression, generate larger productivity gains than wage growth to skill acquisition, and motivate a firm to offer general skill training, but few studies directly test them. We use unusually rich data from a temporary help service firm that records both workers’ wages and their productivity as measured by the fees charged to client firms. We find that skill acquired through training and learning by doing increases productivity more than wages, with such wage compression accounting for half of the average 40% productivity growth over 5 years of tenure.
Article DOI :https://doi.org/10.1086/728809
链接:Skill, Productivity, and Wages: Direct Evidence from a Temporary Help Agency