productivity, wages and exports spillovers in developing, developed and transitional economies. Although theory can identify a …

labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … productivity. …

switch to salary firms once their productivity is revealed. The magnitude of the resulting worker flows depends on the payoff …. Advantages in measuring worker productivity constitute a plausible explanation for the emergence of specialized business related …

labor market flexibility, in a general equilibrium model of dynamic labor demand where the productivity of firms evolves ….e. unexpected changes in the drift and standard deviation of the stochastic process describing the dynamics of productivity, depends … workers with idiosyncratic productivity below some threshold value. A more volatile environment, and a lower rate of …

values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …

face a fall in output, mark-ups and profits, and the average productivity of survivors increases. These pro …

interactions that increase productivity), possibly reinforced by localised natural advantage. To distinguish between them, we nest … larger cities left-truncates the productivity distribution whereas stronger agglomeration right-shifts and dilates the … cannot explain spatial productivity differences. This result holds across sectors, city size thresholds, establishment …

transitions, and this allows for estimation of the degree of search frictions. The firm data are informative on labor productivity … difference between labor productivity and wages in a market depends on the degree of frictions and other determinants. We correct …