establishments' productivities. Inflation distorts aggregate productivity through firm entry dynamics. The model is calibrated to the … decrease in the steady-state average productivity of roughly 0.5 percent compared to the optimum's steady-state. This decrease … in productivity is not innocuous: it leads to a doubling of the welfare cost of inflation …

extensive and the intensive margins and the connection between exporting dynamics and plant-level total factor productivity … and account for a small share of gross, industry-level changes in exports, employment, output, and productivity. The … distribution of exports are positively correlated with changes in total factor productivity. Our results suggest that plants face …

experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition … productivity. Information on the opponent is a promising nudge to raise individuals' awareness towards the complexity of the … productivity distribution of all potential opponents reduces competition failures by more than 50%, (2) information on the …

This paper studies the cross-border health and productivity effects of alcohol taxes. We estimate the effect of a large … cut in the Finnish alcohol tax on mortality, alcohol related illnesses and work absenteeism in Sweden. This tax cut led to … the Finnish border are compared to changes in other parts of northern Sweden. We use register data where micro level data …

We study how workers' wages respond to TFP-driven innovations in firms' labor productivity. Using unique data with … highly reliable firm-level output prices and quantities in the manufacturing sector in Sweden, we are able to derive measures … of physical (as opposed to revenue) TFP to instrument labor productivity in the wage equations. We find that the reaction …

We investigate the relationship between the presence of migrant inventors and the dynamics of innovation in the …

trade have strong positive spillover effects on product and technology innovation by domestic firms in emerging markets. The …

We refine modelling of the radical innovation decision in this paper by extending real option theory to include non … stochastic shocks imply that investment in radical innovation may very often be too time consuming and/or expensive to remain …