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

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 …

Production functions provide a mapping from the firms' input quantity and productivity to output quantity. This mapping …

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 …

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 …

income tax cut, we find that: (i) labor productivity increases; (ii) entry increases with delay; (iii) exit increases; (iv … with idiosyncratic firm productivity, and entry and exit. Our model features productivity gains due to selection and …