Does Economic Insecurity Affect Employee Innovation?
Author: Bernstein, Shai, McQuade, Timothy, Townsend, Richard R. on Mar 01, 2017
How does employee productivity respond to large shocks to household wealth? Over the past several decades, the annual proportion of households in the U.S. experiencing a severe economic loss has been steadily increasing, peaking with the recent financial crisis. The impact of household wealth shocks on consumption, savings, and retirement…
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