productivity in the rest of the economy. To separate exogenous gains in ICT from other technological progress, we use the relative …

We study the impact of techies—engineers and other technically trained workers—on firm-level productivity. We first …-neutral productivity in both manufacturing and non-manufacturing industries. We find that techies raise firm-level productivity, and this … of techies on productivity operates mostly through ICT and other techies, not R&D workers. Engineers have a greater …

that anticipate the actual tax base incorrectly. I analyze the effects of stochastic taxation on investment behavior in a … the effects of both tax base and tax rate uncertainty, the investment's tax payment is modelled as a stochastic process …. Increased tax uncertainty has an ambiguous impact on investment timing. The view that tax uncertainty depresses real investment …

equilibrium, general-equilibrium effects overturn this result: a monetary expansion increases the investment of high-productivity … their productivity and net worth and face collateral constraints that cause capital misallocation. TFP endogenously depends … firms relatively more than that of low-productivity ones, crowding out the latter and increasing TFP. We provide empirical …

between countries generates positive investment spillover, intra-firm production linkages predict negative spillover. Using … subsidiary-level data and exogenous corporate tax hikes, we find that local business units cut investment by 0.4% for a 1 …

IT investment in any sectors, it does significantly improve labor productivity for firms in manufacturing and in …, cloud usage is expected to increase the productivity of firms, as it allows them to quickly customize the IT they require to …

support firms, in particular investment subsidies and tax allowances, on firm size and underground production. Among the main …

economic activity. If firms are more similar with respect to their total factor productivity, each company faces a lower …