During the 1980s youth unemployment rates have persistently exceeded unemployment rates for adults, in Britain as in … other OECD countries. In the interwar period, youth unemployment rates in Britain were dramatically lower than those for … industrial composition of employment, and economy-wide changes in the share of juveniles employed (due to changes in youth …

This paper examines the sources of firm product and process innovation in Norway. It uses a purpose-built survey of …

and productivity growth is low. We apply our theory to the windfalls of Norway, Iraq and Ghana. The optimal size of Ghana …’s liquidity fund is tiny even with high prudence. Norway’s liquidity fund is bigger than Ghana’s. Iraq’s liquidity fund is …

the arguments presented also apply to Norway. The paper also discusses briefly, similar market solutions to problems …

provision or cheap talk, and competition inherent to social media may incentivize participants to either process better …, we find evidence that social media can be informative about future stock returns but that competition distorts opinions … rather than encouraging participants to process better information. In particular, competition induces exaggerated negative …

We propose a methodology for estimating the competition effects from entry when firms sell differentiated products. We … presence and to measure the magnitude of competition effects. We then show how to augment the traditional entry model with a … unbiased estimates of the competition effects from entry. We apply our approach to seven different local service sectors. We …

competition in an export market induces a firm to skew its export sales towards its best performing products. We find very strong …

This paper examines the role of competition in productivity perfromance in Britain over the period from the late …-nineteenth to the early twenty-first century. A detailed review of the evidence suggests that the weakness of competition from the … 1930s to the 1970s undermined productivity growth but since the 1970s stronger competition has been a key ingredient in …