' productivity through more efficient use of capital and labor. Acquirers reduce capital expenditures, wages, and employment in …

employment, wages, and productivity. Evidence generally shows these forces to be offsetting, usually resulting in small … wages. But this ignores the possibility that new owners will expand the firm's scale, with potentially positive effects on … employment and earnings effects and sometimes in large, positive effects on productivity and scale. Foreign ownership usually has …

This paper uses individual data on employment and wages to shed light on the UK's productivity puzzle. It finds that … workforce composition cannot explain the reduction in wages and hence productivity that we observe; instead, real wages have … lower capital-labour ratio. We cannot tell whether productivity is driving wages or vice versa, but understanding why wages …

workers are affected the most, how employment and wages adjust to increased services trade, and the impact of policy settings … associated positively with firm employment in advanced and emerging market economies, although the relationship is more uncertain … quantitatively small. Looking at the distributional impact, there is mixed evidence for a skill bias in wages related to increased …