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We investigate the impact of product market competition on firms’ automation investments. We use a rich combination of micro-data on Portuguese exporters and exploit a novel source of variation in the degree of competition they face – a tariff liberalization between the European Union and...
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A classic question in industrial organization is whether competition raises productivity and if so, through what … tougher competition does indeed raise productivity and one of the main mechanisms is through improving management practices … management quality boosts productivity. …
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response to negative rm productivity shocks, workers close to the wage oors experience higher job separations but no wage loss …
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This paper analyzes whether technological change improves equality of labor market opportunities by decreasing returns to parental background. We find that in Germany during the 1990s, computerization improved the access to technologyadopting occupations for workers with low-educated parents,...
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