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An Engine of (Pay) Growth? Productivity and Wages in the UK Auto Industry

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NBER2024-07-01 更新2025-01-04 收录
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When labour market competition is imperfect, positive industry (and firm) productivity shocks can be passed through to workers in the form of higher wages. We document how the UK auto industry, following a period of decline, experienced a four-decade-long productivity boom. There was a thirteen-fold

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2024-07-01
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