productivity gains. Guided by theory, we provide evidence consistent with these effects operating through reallocations across … productivity, while import liberalization has ambiguous effects. Resource misallocation can either amplify, dampen or reverse the … firms in the presence of distortions: (i) Both export and import expansion increase average firm productivity, but the …

What drove the UK productivity slowdown post-GFC, and how is the post-Covid recovery expected to differ? This paper …

this paper, we investigate whether higher productivity causally leads to lower tax evasion. We first present stylized facts … emerging and developing economies. Our results suggests that productivity improvements by firms can lead to lower tax evasion …

productivity and monetary policy. We identify a condition under which these asset prices become more volatile without affecting the … to productivity shocks. The model we set up does well at matching second moments of exchange rate and equity returns for …

productivity and that they impact the degree of R&D spillovers …

I study the implications of productivity shocks in a model where agents observe the aggregate level of productivity but …

components of growth suggests that the adverse effect largely reflects a slowdown in labor productivity growth mainly due to …