We have constructed a new database aimed at the study of the relation between firm demography and labour productivity … the degree of dispersion and persistence of productivity levels, as well as the contribution of firm demography to … productivity growth. This analysis has been done at different levels of sector aggregation. We have also studied explicitly the …

This paper analyses the evolution of total factor productivity growth and market power in Spain during the period 1983 …

The co-movements of labor productivity with output, total hours, vacancies and unemployment have changed since the mid … borrowers’ equity requirements are low, the impact of a positive technology shock on the marginal utility of consumption is … supply discourages fi rms from opening vacancies, reducing the impact of the shock on employment. …

theory, productivity-enhancing activities, such as R&D investment, should increase during downturns because of the fall in …-term impact on productivity growth. In the spirit of Aghion et al. (2007) we allow the impact of the cycle on R&D to vary between … is optimal for them. We go one step further and explore whether other productivity-enhancing activities, like on …

of the efficiency of banking intermediation. In this paper we estimate the productivity of individual Spanish banks and … the industry’s productivity growth over time using the methodology of Olley and Pakes (1996) and Levinsohn and Petrin … (2003), which controls for simultaneity bias. We then examine the contributions of two sets of factors to productivity …