, the hypothesis that input quality and plant productivity are complementary in generating output quality. We embed this …

We study the effect of releasing public information about productivity or monetary shocks when agents learn from …

, employee share ownership, and stock options--and their link to productivity. It shows that shared capitalism has grown in the … productivity, but its impact is largest when firms combine it with other forms of shared capitalist pay and modes of organization …

leisure. Business cycles are assumed to be driven by permanent and stationary neutral productivity shocks, permanent …

productivity heterogeneity. In this model, a firm enters a market if it makes profits by reaching a single consumer there and pays …

Economists emphasize two channels through which import liberalization affects productivity, one operating between and … to 2002. First, in the long run, import liberalization lowers productivity in domestic industries through selection. This …, liberalization also generates technological learning that can on net raise domestic productivity. Third, for short time horizons of …

quarter of their annual pre-liberalization salary. The increase in the growth rate of labor productivity in the aftermath of …