We construct a general dynamic structural model of two-sided learning between a firm and its workers. We estimate an … American workers). The type of data that we use also generates information on the value of learning and on whether and how the … the increases in the firm?s value from learning about its workers? behavior and to infer the extent of biases in estimated …

. Most firms revise downward their expectations for sales, orders, employment, and investment, while prices are expected to … the effects on factor demand and sales of the COVID-19 generated shocks. Credit-constrained firms also expect to charge …

-point rise in migrant-to-native ratio increases average firm sales by 4% and the number of registered firms by 5%. While the …

inherently unobservable sources of heterogeneity – learning ability and workers? inter-temporal preferences (discounting) – both …

between schoolmates, which in turn decreases the overall achievement. A cooperative learning approach may instead emerge when … International Student Assessment (PISA) survey on students' literacy levels. A competitive learning approach has a positive …