resources, demographic pressures, human capital etc. The originality of our contribution is the use of a large data set …

resources, demographic pressures, human capital etc. The originality of our contribution is the use of a large data set …

We analyze the impact of efficiency on bank risk. We also consider whether bank capital has an effect on this … relationship. We model the inter-temporal relationships among efficiency, capital and risk for a large sample of commercial banks … contribute to shore up bank capital levels. Our findings suggest that banks lagging behind in their efficiency levels might …

We analyse the evolution of capital and labour (mis)allocation across firms in five euro-area countries (Belgium … emerge. First, in all countries with the exception of Germany, capital allocation has worsened over time whereas the … efficiency of labour reallocation has not changed significantly. Second, the observed increase in capital misallocation has been …

We analyse the evolution of capital and labour (mis)allocation across firms in five euro-area countries (Belgium … emerge. First, in all countries with the exception of Germany, capital allocation has worsened over time whereas the … efficiency of labour reallocation has not changed significantly. Second, the observed increase in capital misallocation has been …

in the labour income share coupled with the relatively stable capital-to-labour income ratio and a noticeable change in …

aggregate elasticity of substitution but also for the parameters of labor and capital augmenting technical change. We find that … asymmetrical pattern where the growth of laboraugmenting technical progress is exponential, while that of capital is hyperbolic or …

dynamics of factor incomes shares, capital deepening and the capital-output ratio. Based on careful data accounting, we also …