affecting productivity. By contrast, sentiment shocks in non-G7 countries predict prolonged economic growth and a corresponding … increase in productivity. The results suggest that sentiment can indeed create economic booms, but only in less advanced …

consequences of changing firm concentration: productivity, distortions, selection into exporting, scale economies, and … firms is attributable to higher productivity growth rather than differential distortions. Exceptional performance of the top …

production. Furthermore, cross-border data flows can reverse the cyclicity of working data usage after productivity shocks …

Compared to a half-century ago, inequality in the United states has risen and measured productivity growth has fallen …-homothetic preferences and productivity improvements directed toward goods with larger market size. The model admits balanced growth despite … measured growth of output and productivity. Nevertheless, welfare improves at the same rate along both BGPs. At the root of the …

taxation be structured to improve productivity, incentivize innovation, and ultimately increase welfare? We study these … their productivity and are subject to collateral constraints. The stationary equilibrium features heterogeneous returns and … misallocation of capital. We show that increasing the wealth tax increases aggregate productivity. The gains result from the "use …