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We formulate a version of the growth model in which production is carried out by heterogeneous plants and calibrate it to US data. In the context of this model we argue that differences in the allocation of resources across heterogeneous plants may be a significant factor in accounting for...
Persistent link: https://www.econbiz.de/10005051415
We develop a quantitative theory of gender differences in labor market participation, hours worked, labor turnover, and human capital accumulation. In our theory, young females expect to face higher labor turnover and to work less hours than males because they allocate time to child rearing. As...
Persistent link: https://www.econbiz.de/10005027275