The 21st century global decline in productivity growth is not well understood. One possible contributor is a decline in … economic dynamism. We explore the contribution of firm formation and employee movement to productivity using administrative … working proprietors, to study the relationships among entry, worker flows and firm productivity. Entrants are more productive …

the productivity difference between physicians and nurse practitioners (NPs), two health care professions performing … when accounting for NPs' wages that are half as much as physicians'. Despite large productivity differences between … professions, we find even larger productivity differences within professions and substantial productivity overlap between …

A large body of work has highlighted the importance of employment reallocation as a driver of aggregate productivity … productivity variation across firms. As many theories would predict, worker flows from lower- to higher-productivity firms are … occur "down the firm productivity ladder." This process is also highly heterogeneous along several dimensions. Up …

skills. Lower labor market fluidity reduces life-cycle wage growth by 20 percent and aggregate labor productivity by nine …

first estimates of worker-firm match quality using output data as opposed to inferring productivity from wages or employment … durations. Because teacher wages are essentially unrelated to productivity, this is compelling evidence that workers may seek …

Do recessions speed up or impede productivity-enhancing reallocation? To investigate this question, we use U.S. linked … employer-employee data to examine how worker flows contribute to productivity growth over the business cycle. We find that in … expansions high-productivity firms grow faster primarily by hiring workers away from lower-productivity firms. The rate at which …

Combining weekly productivity data with weekly productivity beliefs for a large sample of truckers over two years, we … show that workers tend to systematically and persistently over-predict their productivity. If workers are overconfident … about their own productivity at the current firm relative to their outside option, they should be less likely to quit …