have occurred due to changes in factor prices: a large fall in real wages and increases in the cost of capital. In previous … recessions real wages did not fall, but reforms to union strength and welfare have made wages more sensitive to negative demand … misallocation. The fall in labour productivity is therefore likely to reverse if demand improves - e.g. through stronger monetary or …

A major international transmission channel of productivity increases is trade in intermediate products and services …. This paper analyses international rent spillovers at the industry level and for the first time investigates effects from … traditional approach of using trade in intermediates in the estimation of international spillovers by making use of input …

The impact of R&D on growth through spillovers has been a major topic of economic research over the last thirty years …. A central problem in the literature is that firm performance is affected by two countervailing "spillovers": a positive … effect from technology (knowledge) spillovers and negative business stealing effects from product market rivals. We develop a …

(by R. Stehrer; pp. 11-14) Keywords export performance, skills, productivity Countries covered European Union, New EU … market, employment, Western Balkans Countries covered SEE Topics Labour and Migration Skills and the performance of exports …

FDI Migration, skills and productivity (by P. Huber and M. Landesmann; pp. 8-11) Keywords migration, skills, productivity …

productivity in the public sector using a new panel data set of police departments covering 1987-2003. While IT adoption is …-level characteristics and the endogeneity of IT use. IT investments do, however, appear to improve police productivity when complemented …

: the distinction between the displacement, productivity and amenity effects of immigration; the issues that arise in using …

domestic workers to reflect differences in labour productivity. However, using panel data on worker-firm matches in a single … only partially accounted for by individual labour productivity. We show that the differential partly reflects the superstar …