research productivity follows distinct life cycles. Using an encompassing data set portraying the research behavior of German … academic economists, we first show that research productivity crucially depends on career age and vintage. Based on the … research grants. We then go on to investigate the persistence of individual productivity. The Persistence issue is of special …

This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly … conditional mean of labor productivity: through an observed binary indicator, an observed intensity variable or through the … Community Innovation Survey. The results provide evidence of robust unidirectional causality from innovation to productivity and …

industry productivity. For this purpose we develop a reciprocal dumping model of international trade with heterogeneous firms … expected industry productivity. The central results of the paper regarding firm and industry level R&D spending differ …

view (i.e., including human capital) of investment and saving. We find that the Feldstein-Horioka result is impervious to …

This paper analyses for 34 OECD countries the extent to which the calculation of aggregate multi-factor productivity …

acquiring human capital. Both sectors exhibit productivity externalities in the size of the skill-specific labor and in the …

demographics and the productivity of those who will still be active during the up-coming period of demographic ageing. As … productivity is difficult to investigate at a micro level, the paper builds on a large macro-data panel covering developed as well … output per worker as well as on total factor productivity (TFP). The results confirm earlier findings by Feyrer (2007 …

.2% higher today if productivity-enhancing investment intensity had remained at its pre-crisis level … suggests that a shortfall in productivity-enhancing investments temporarily slows technological progress, creating a gap … the Global Financial Crisis, I show that tight credit reduced investments in productivity-enhancement, and significantly …

to make the proper adjustments for international productivity differences. The central tool is a factor conversion matrix …

This paper proposes a theoretical framework to analyze the impacts of credit and technology shocks on business cycle … different realizations of firm specific technology shocks, possibly leading to default by some firms. The paper advances a new … financial institutions in the transmission of credit and technology shocks to the real economy. A positive credit shock, defined …