productivity are interconnected. First we discuss two approaches in the human capital theory, stressing some difficulties that …

productivity in transition. The results that are obtained are not in support of the theoretical findings of growth theory that … human capital is a major determinant of growth and productivity. However, eventually we continue to believe that the reasons …

Do openness to trade and higher levels of human capital promote faster productivity growth? That they do is a key … on productivity growth. If the level of openness of an economy is doubled the underlying rate of technical progress will … the level of income but no effect on underlying productivity growth. Our preferred estimator combines high and low …

a non-homothetic technology. Observable skills are not quantitatively important as determinants of productivity …

Based on administrative data from the federal employment office in Germany, we apply matching techniques to estimate …

first half of the paper, I present an equilibrium matching model where heterogeneous workers and firms learn about match …. Equilibrium wage dispersion arises due to productivity differences across workers, technological differences across firms, and … yields an assortative matching result that predicts a negative correlation between estimated person and firm effects, which …

game. Conversely, the set of repeated matching (or social) equilibria also includes some plays that are not part of any … definitions, as well as the relationship to renegotiation-proof equilibrium. It is possible for repeated matching equilibria to be …