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Productivity and the bonus culture / [electronic resource]
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| 자료유형 | E-Book |
|---|---|
| 개인저자 | Smithers, Andrew, author. |
| 서명/저자사항 | Productivity and the bonus culture /Andrew Smithers.[electronic resource] |
| 판사항 | First edition. |
| 발행사항 | Oxford ; New York, NY : Oxford University Press, 2019. |
| 형태사항 | 1 online resource : illustrations (black and white) |
| 소장본 주기 | OCLC control number change |
| ISBN | 9780191873461 0191873462 9780192573117 019257311X |
| 서지주기 | Includes bibliographical references and index. |
| 요약 | Living standards in the UK and the US are in danger of falling. In the past change has brought disruption with the offsetting reward of higher living standards from growth. Today we have disruption without reward. The resulting voter dissatisfaction encourages populist policies which threaten even worse outcomes. The decline in growth has weakened the standing of liberal democracy both at home and internationally. The decline is entirely due to poor productivity combined with an unfavourable change in demography. The UK and the US have changed from having a demographic surplus in which the working population grew faster than the total population to a demographic deficit. Before living standards grew faster than productivity they now grow more slowly. Faster immigration could change demography, but voters are likely to press for less. To avoid falling living standards we must increase the rate at which productivity improves. Faster productivity does not only depend on technology. We can improve it by encouraging more investment. Growth depends on Total Factor Productivity ("TFP"), for which current consensus estimates are based on a faulty model which has induced pessimism about our ability to encourage more growth. The book sets out a revised and superior model of TFP which demonstrates that the weakness in productivity is the result of the bonus culture and suggests ways by which this can be changed so that investment is encouraged and growth returns. |
| 일반주제명 | Economic development. Industrial productivity. Labor productivity. Bonuses (Employee fringe benefits) Investments. Bonuses (Employee fringe benefits) Economic development. Industrial productivity. Investments. Labor productivity. |
| 언어 | 영어 |
| 기타형태 저록 | Print version9780198836117 |
| 대출바로가기 | https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=2177647 |
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| No. | 등록번호 | 청구기호 | 소장처 | 도서상태 | 반납예정일 | 예약 | 서비스 | 매체정보 |
|---|---|---|---|---|---|---|---|---|
| 1 | WE00018986 | 338.9 | 가야대학교/전자책서버(컴퓨터서버)/ | 대출가능 |
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