We develop a procedure to estimate production functions, elasticities of demand, and productivity when firms …

function, total factor productivity, price markups over marginal costs, output prices, output quantities, a demand system, and …

productivity change. The model implies that (i) the so-far untreated effect stems from firms' planned efficiency responses to the … competitive environment and that (ii) a suit-able proxy to productivity is investment interacted with a sector-level competition …-effects estimation and remedying commonly suspected biases. Whereas productivity change is measured consistently, scale economies are not …

Why do cities differ so much in productivity? We document that most of the measured dispersion in productivity across … US cities is spurious and reflects granularity bias: idiosyncratic heterogeneity in plant-level productivity and size …

In our dynamic optimizing sticky price model, agents are heterogeneous with regard to their age and their productivity … dominates the substitution effect. This is in line with the adverse effect of productivity shocks on employment found in …

plausibly argued to lead to increases in factor productivity in the private economy. This paper observes that government …

We study how financial frictions affect firm-level heterogeneity and trade. We build a model where productivity …