Showing 1 - 2 of 2
We consider a tractable model of heterogeneous production units that features endogenous entry and productivity investment to assess the quantitative impact of policy distortions on aggregate output and establishment size. Relative to the standard factor misallocation framework, policy...
Persistent link: https://www.econbiz.de/10012455871
This paper constructs high-frequency and timely income distributions for the United States. We develop a methodology to combine the information contained in high-frequency public data sources--including monthly household and employment surveys, quarterly censuses of employment and wages, and...
Persistent link: https://www.econbiz.de/10013334446