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Inequality and Unemployment in a Global Economy
Helpman, Elhanan; Itskhoki, Oleg; Redding, Stephen J. - C.E.P.R. Discussion Papers - 2009
inequality and raises unemployment, but expected welfare gains are ensured if workers are risk neutral. And while wage inequality …
Persistent link: https://www.econbiz.de/10005039584
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Foreign Ownership and Productivity: New Evidence from the Service Sector and the R&D Lab
Griffith, Rachel; Redding, Stephen J.; Simpson, Helen - C.E.P.R. Discussion Papers - 2004
This Paper examines the relationship between foreign ownership and productivity, paying particular attention to two … productivity than foreign multinationals, but the difference is less stark in the service sector than in the production sector, and …
Persistent link: https://www.econbiz.de/10005124197
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Products and Productivity
Bernard, Andrew B.; Redding, Stephen J.; Schott, Peter K. - C.E.P.R. Discussion Papers - 2005
aggregation problem introduces a bias into standard measures of firm productivity. We develop a theoretical model of heterogeneous …
Persistent link: https://www.econbiz.de/10005504461
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Missing Gains from Trade?
Melitz, Marc J; Redding, Stephen J. - C.E.P.R. Discussion Papers - 2014
that this quantitative approach typically abstracts from: trade-induced changes in domestic productivity. Using a model of … sequential production, in which trade induces a reorganization of production that raises domestic productivity, we show that the …
Persistent link: https://www.econbiz.de/10011083222
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Heterogeneous Firms and Trade
Melitz, Marc J; Redding, Stephen J. - C.E.P.R. Discussion Papers - 2013
markets. This approach explains a variety of features exhibited in disaggregated trade data, including the higher productivity … industry and firm productivity. …
Persistent link: https://www.econbiz.de/10011084049
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What is Firm Heterogeneity in Trade Models? The Role of Quality, Scope, Markups, and Cost
Hottman, Colin; Redding, Stephen J.; Weinstein, David E. - C.E.P.R. Discussion Papers - 2014
firms, and the fact that larger firms supply more products than smaller firms, implies that standard productivity measures … are not independent of demand system assumptions and probably dramatically understate the relative productivity of the …
Persistent link: https://www.econbiz.de/10011084590
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The Empirics of Firm Heterogeneity and International Trade
Bernard, Andrew B.; Jensen, J Bradford; Redding, Stephen J. - C.E.P.R. Discussion Papers - 2011
This paper reviews the empirical evidence on firm heterogeneity in international trade. A first wave of empirical findings from micro data on plants and firms proposed challenges for existing models of international trade and inspired the development of new theories emphasizing firm...
Persistent link: https://www.econbiz.de/10009371478