Juan Chaparro is a PhD student in the Department of Applied Economics at University of Minnesota.
As Latin America looks for ways to boost its low productivity, a new study by Eduardo Lora (former Chief Economist, Inter-American Development Bank) and Juan Chaparro (PhD student, Department of Applied Economics, University of Minnesota) suggests that the answer might lie in creating a better job environment.
Chaparro tells the JKP that first they developed a model to better understand the relationship between job conditions, effort, wages, and productivity. Then they tested predictions from the model with individual-level data from the Gallup World Poll for 18 Latin American countries. Chaparro says the results are quite encouraging — better job conditions, created through identity-enhancing human resource management practices, are conducive to higher labor income and productivity.
This post was first published on the Jobs Knowledge Platform.
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