.S. employers to estimate the effects of financial access on employment growth. Our methods combine regressions with matching on … constraints impede small business growth prior to loan receipt. We also investigate the variation in estimated employment effects …

general but not always, non-subsidized firms experience reductions in their productivity growth if they operate in a cluster …

We study how profit taxation affects plants' R&D spending and innovation activities. Relying on geocoded survey panel …

This paper offers a reappraisal of the impact of migration on economic growth for 22 OECD countries between 1986 … capital on economic growth. And second, the contribution of immigrants to human capital accumulation tends to dominate the …

used by the optimal growth problem. Finally, the paper shows that the negative welfare effect of monopsony is larger when …The neoclassical growth model assumes fixed labor supply and competitive labor markets. Is it harmless to ignore … monopsonistic power in the neoclassical growth model? The paper argues that it is not, especially if a growth model needs to be …

optimum. The analysis offers several new insights in comparison to the welfare analysis in Aghion and Howitt (1992). We find …

What would be the aggregate effects of adopting a more generous and universal childcare subsidy program in the U.S.? We … differences across households in welfare gains, as a small number of households - poorer households with children - gain … significantly while others lose. Welfare gains of newborn households amount to 1.9%. Our findings are robust to differences among …