This paper develops a simple analytical framework in which optimal health and retirement policies amid population aging … timing of retirement, the size of lifecycle labour income and pension payments and investments in health that individuals … the traditionally separate areas of health and retirement policy can be coordinated to achieve dynamic efficiency. Under …

. Applying propensity score matching to control for differences across firms in terms of labor productivity, size, etc., we find …

industry productivity and social welfare. For this purpose we develop a reciprocal dumping model of international trade with … heterogeneous firms and endogenous R&D. We identify two effects of trade liberalization on productivity: a direct effect through … low (high) trade costs; (ii) increases expected industry productivity; and (iii) raises expected social welfare if trade …

is increasing in its productivity, with the most productive multinationals choosing not to rely on a foreign partner at … direct investment ; multinational enterprise ; joint venture ; productivity …

productivity shocks, using capital-labor trade-off. The model generates higher volatilities of key variables and therefore enhances … the performance of the matching model to generate stylized facts in response to an aggregate productivity shock. However …

The effects of unions on productivity and firm performance have been the topic of extensive research. Existing studies … of identical firms. This paper studies how different unionisation structures affect firm productivity and firm … tougher selection among heterogeneous producers and thus increases average productivity, firm-level bargaining allows less …

; Matching ; Sectoral Productivity Shock …