Maliranta, Mika; Määttänen, Niku - Elinkeinoelämän Tutkimuslaitos (ETLA) - 2014
, namely the employee share of managers and professionals, is associated with profit risk at the firm level. Using data that … cover essentially all firms in the Finnish business sector, we first document that labor productivity dispersion is very … market equilibrium and whether innovation subsidies can improve industry productivity by mitigating such a tax distortion. …