In a recent paper, Bloom et al. (2020) find evidence for a substantial decline in research productivity in the U …

This paper investigates the evolution of aggregate productivity and markups among French manufacturing firms between … 1994 and 2016, by focusing on the role of reallocation with respect to both aggregate measures. Firm-level productivity and … aggregate productivity growth of about 34% over the whole period while aggregate markups are found to remain relatively stable …

diversity of telecommunications innovation increased. Total patenting by US inventors related to telecommunications increased by …

of positive effects emerge. With respect to takeovers of German companies by foreign investors, the productivity and … international, we find positive productivity and sales effects for relatively small companies investing abroad, and this …

capital, human capital and productivity. These correlations hold across countries, subnational regions, and individuals …, aggregate production is characterized by capital-skill complementarities, and productivity implicitly depends on patience …

firms have to learn their productivity. We match our model with the salient features of the data and show that our model …

An establishment can improve its productivity by hiring workers from more productive establishments. Then, how … important is worker reallocation for aggregate productivity growth? To study this question, I develop a general equilibrium … knowledge diffusion mechanism increases the aggregate productivity growth by 0.14 percentage points and enhances welfare …