politicians, both with theory and data. The theory is based on a version of the career concerns model of political agency with … implications of the theory and identify the causal effect of larger federal transfers on political corruption and the observed … features of political candidates at the municipal level. In accordance with the predictions of the theory, we find that larger …

This paper combines different strands of the productivity literature to investigate the effect of idiosyncratic (firm …-country differences in key economic outcomes, such as productivity or output per capita, to differences in policies and institutions that … determinants of productivity at the firm-level and the evolution of the distribution of productivity across firms within each …

, R&D investments, and productivity across 12 OECD economies and 17 manufacturing and service industries. Much of the … positive relationship between those cognitive skills and the labour productivity in a country-sector combination. The part of … the cross-country cross-sector variation in labour productivity that can be explained by human capital is remarkably large …

We develop a theory of a firm in an environment with incomplete contracts. The firm's headquarter decides on the …

entrepreneurial elite, resulting in economic policy and institutions which are more conducive to entrepreneurship and productivity …

last decades. This paper tests the hypothesis that the lower European productivity performance in comparison with the US …The literature has pointed to different causes to explain the productivity gap between Europe and United States in the …&D investment into productivity gains. The proposed microeconometric estimates are based on a unique longitudinal database covering …

productivity and a risky technology with productivity subject to sizeable shocks. Strict EPL makes the risky technology relatively … less attractive because it is more costly to shed workers upon receiving a low productivity draw. We calibrate the model … mechanism can explain a considerable portion of the slowdown in productivity in the EU relative to the US since 1995 …

and productivity hold in the years before the export start, which indicates self-selection into exporting of more …