We quantify agglomeration spillovers by estimating the impact of the opening of a large manufacturing plant on the … total factor productivity (TFP) of incumbent plants in the same county. We use the location rankings of profit … counties. This indicates that the ultimate effect on profits is smaller than the direct increase in productivity …

wages of workers present from startup increase after former MNE workers join domestic firms. Likewise, there is no …

attracted to dense areas, which improve their learning from others. If the skills accumulated in cities are easily transferable … rather than specificity of skills. Small firms thrived, and therefore the transferability of skills increased. The model also …

attracted to dense areas, which improve their learning from others. If the skills accumulated in cities are easily transferable … rather than specificity of skills. Small firms thrived, and therefore the transferability of skills increased. The model also …

advanced Europe, where wages are more closely related to inflation and inflation expectations in the short run, implying … the build up of a real wage overhang relative to sharply slowing labor productivity, which subsequently dragged on nominal … wage rises even as unemployment began to decline. Spillovers of subdued wage growth between euro area countries also …

dispersion, and 2) the correlation between within-firm skill dispersion and productivity is positive in industries with higher …

productivity premium is not entirely offset by an increase in wages. Finally, we conclude that the main channels for …In the past decades, intangibles assets have become an important source of productivity and economic growth in … the impact of intangible investments on productivity growth in frontier countries, there is not much evidence for the …

Should one expect a worker’s productivity, and thus wage, to depend on the productivity of his/her co-workers in the … the case because social interaction among co-workers can lead to productivity spillover through knowledge spillover or … peer pressure. The available empirical evidence suggests that, due to such peer effects, co-worker productivity positively …

We estimate how much of the gains from productivity spillovers through worker mobility is retained by the hiring firms …, by the workers who bring spillovers, and by the other workers. Using linked employer-employee data from Danish … firms, while the workers who bring spillovers receive at most 6% of it as the wage premium. The large share retained by the …

We investigate minimum wage spillovers by exploiting the first-time introduction of a minimum wage within a quasi …-experiment in a context with an extraordinary large bite: the German roofing industry. We find positive wage spillovers for medium …-skilled workers with wages just above the minimum wage, but negative effects for high-skilled top earners in East Germany, where the …