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their productivity and net worth and face collateral constraints that cause capital misallocation. TFP endogenously depends … equilibrium, general-equilibrium effects overturn this result: a monetary expansion increases the investment of high-productivity … firms relatively more than that of low-productivity ones, crowding out the latter and increasing TFP. We provide empirical …
Persistent link: https://www.econbiz.de/10012697125
While the output of a team is evident, the productivity of each team member is typically not readily identifiable. In … this paper we consider the problem of measuring the productivity of team members. We propose a new concept of coworker … productivity, which we refer to as eigenvalue productivity (EVP). We demonstrate the existence and uniqueness of our concept and …
Persistent link: https://www.econbiz.de/10011735918
that are implicit in previous firm-level productivity estimation approaches. We use Belgian firms production data to …
Persistent link: https://www.econbiz.de/10011417711
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 …
Persistent link: https://www.econbiz.de/10012418448
factor productivity growth-particularly among the less productive firms under private Chinese or foreign ownership, but not …
Persistent link: https://www.econbiz.de/10011718640
impact on labor productivity and they lead to a fall in the unemployment rate. Collective bargaining reforms do not seem to … affect either productivity or capital formation but they have a clear medium-term effect on the labor market. Moreover …
Persistent link: https://www.econbiz.de/10013176915
worker and firm heterogeneity. I find that minimum wages up to 70% of the median wage significantly increase productivity …
Persistent link: https://www.econbiz.de/10014267170
function, total factor productivity, price markups over marginal costs, output prices, output quantities, a demand system, and …
Persistent link: https://www.econbiz.de/10012308513
Larger Indian firms selling inputs to other firms tend to have more customers, tend to be used more intensively by their customers, and tend to have larger customers. Motivated by these regularities, I propose a novel empirical model of trade featuring endogenous formation of input-output...
Persistent link: https://www.econbiz.de/10012697136
Total Factor Productivity (TFP), the empirical evidence on agglomeration externalities rests on measures obtained using firm … suggests that the revenue productivity advantage of denser areas is mainly driven by higher prices charged rather than …-level differences in productivity across space. …
Persistent link: https://www.econbiz.de/10012211220