# Hourly productivity of labor and labor productivity per hour worked

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- Post ID: 591361
- Modified: 2023-07-25T21:02:45+00:00
- Language: en

## Definition

In economic terms, real output in relation to the hours worked by all employees. A change in this parameter has an indirect impact on the value of money, which is why central banks monitor hourly productivity. - See compensation per capita, labor costs, labor market flexibility, labor productivity, potential labor force, capital deepening, communication costs, wage drift, offshoring, productivity, two-pillar principle. - Cf. Deutsche Bundesbank Monthly Report of April 2012, p. 25 f. (Projection of hourly productivity up to 2020; influencing variables; overview). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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