LDR | | 03759cmm u2200601Ii 4500 |
001 | | 000000320089 |
003 | | OCoLC |
005 | | 20230613103851 |
006 | | m d |
007 | | cr ||||||||||| |
008 | | 190429t20192019enka fob 001 0 eng |
019 | |
▼a 1106536016 |
020 | |
▼a 9780191873461
▼q (electronic book) |
020 | |
▼a 0191873462
▼q (electronic book) |
020 | |
▼a 9780192573117
▼q (electronic bk.) |
020 | |
▼a 019257311X
▼q (electronic bk.) |
020 | |
▼z 0198836112 |
020 | |
▼z 9780198836117 |
035 | |
▼a 2177647
▼b (N$T) |
035 | |
▼a (OCoLC)1102637671
▼z (OCoLC)1106536016 |
040 | |
▼a AU@
▼b eng
▼e rda
▼e pn
▼c AU@
▼d UKOUP
▼d OH1
▼d YDXIT
▼d OCLCQ
▼d OCLCF
▼d BRX
▼d N$T
▼d EBLCP
▼d 248032 |
049 | |
▼a MAIN |
050 | 4 |
▼a HD87
▼b .S55 2019 |
082 | 04 |
▼a 338.9
▼2 23 |
100 | 1 |
▼a Smithers, Andrew,
▼e author. |
245 | 10 |
▼a Productivity and the bonus culture /
▼c Andrew Smithers.
▼h [electronic resource] |
250 | |
▼a First edition. |
260 | |
▼a Oxford ;
▼a New York, NY :
▼b Oxford University Press,
▼c 2019. |
300 | |
▼a 1 online resource :
▼b illustrations (black and white) |
336 | |
▼a text
▼b txt
▼2 rdacontent |
337 | |
▼a computer
▼b c
▼2 rdamedia |
338 | |
▼a online resource
▼b cr
▼2 rdacarrier |
504 | |
▼a Includes bibliographical references and index. |
520 | 8 |
▼a 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. |
588 | 0 |
▼a Online resource; title from digital title page (viewed on June 13, 2019). |
590 | |
▼a OCLC control number change |
650 | 0 |
▼a Economic development. |
650 | 0 |
▼a Industrial productivity. |
650 | 0 |
▼a Labor productivity. |
650 | 0 |
▼a Bonuses (Employee fringe benefits) |
650 | 0 |
▼a Investments. |
650 | 7 |
▼a Bonuses (Employee fringe benefits)
▼2 fast
▼0 (OCoLC)fst00836107 |
650 | 7 |
▼a Economic development.
▼2 fast
▼0 (OCoLC)fst00901785 |
650 | 7 |
▼a Industrial productivity.
▼2 fast
▼0 (OCoLC)fst00971502 |
650 | 7 |
▼a Investments.
▼2 fast
▼0 (OCoLC)fst00978234 |
650 | 7 |
▼a Labor productivity.
▼2 fast
▼0 (OCoLC)fst00990137 |
655 | 0 |
▼a Electronic books. |
776 | 08 |
▼i Print version
▼z 9780198836117 |
856 | 40 |
▼3 EBSCOhost
▼u https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=2177647 |
938 | |
▼a Oxford University Press USA
▼b OUPR
▼n EDZ0002046768 |
938 | |
▼a EBL - Ebook Library
▼b EBLB
▼n EBL5799337 |
938 | |
▼a EBSCOhost
▼b EBSC
▼n 2177647 |
990 | |
▼a 관리자 |
994 | |
▼a 92
▼b N$T |