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Rent-Sharing, Holdup, and Wages : Evidence from Matched Panel Data
Card, David - 2010
When wage contracts are relatively short-lived, rent sharing may reduce the incentives for investment since some of the … around 10%. On the other hand we find little evidence that bargaining lowers the return to investment. Instead, firm …
Persistent link: https://www.econbiz.de/10013140998
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Financial Frictions and the Persistence of History : A Quantitative Exploration
Buera, Francisco J. - 2014
neoclassical growth model. Investment rates and total factor productivity start out low and rise over time. These model dynamics …
Persistent link: https://www.econbiz.de/10013069222
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Capital Reallocation and Aggregate Productivity
Cooper, Russell - 2013
matching these moments. These shocks induce changes in capital reallocation and cause endogenous variations in the Solow …
Persistent link: https://www.econbiz.de/10013071893
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The Sources of Capital Misallocation
David, Joel - 2017
We develop a methodology to disentangle sources of capital ‘misallocation', i.e. dispersion in value-added/capital. It measures the contributions of technological/informational frictions and a rich class of firm-specific factors. An application to Chinese manufacturing firms reveals that...
Persistent link: https://www.econbiz.de/10012963745
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Intangible Investment and Firm Performance
Chappell, Nathan - 2018
investment and firm performance. We find that firm size and moderate competition is associated with higher intangible investment …, while firm age is associated with lower intangible investment. Examining firm performance, we find that higher investment is … not with higher productivity or profitability. The evidence suggests that intangible investment is associated with growth …
Persistent link: https://www.econbiz.de/10012925908
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Policy Distortions and Aggregate Productivity with Endogenous Establishment-Level Productivity
da Rocha, José M. - 2017
What accounts for differences in output per capita and total factor productivity (TFP) across countries? Empirical evidence points to resource misallocation across heterogeneous production units as an important factor. We study misallocation in a general equilibrium model of establishment...
Persistent link: https://www.econbiz.de/10012957990
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Policy Distortions and Aggregate Productivity with Heterogeneous Plants
Restuccia, Diego - 2010
to US data. In the context of this model we argue that differences in the allocation of resources across heterogeneous …
Persistent link: https://www.econbiz.de/10012760197
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Matching and Inequality in the World Economy
Costinot, Arnaud - 2010
factor allocation and factor prices in economies with a large number of goods and factors. The main results of our paper …
Persistent link: https://www.econbiz.de/10012757956
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Sorting between and within Industries : A Testable Model of Assortative Matching
Abowd, John M. - 2014
workers are employed in more productive industries. The evidence confirms assortative matching can be present even when worker …
Persistent link: https://www.econbiz.de/10013047408
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Kidney Exchange
Roth, Alvin E.; Sonmez, Tayfun; Ünver, M. Utku - 2021
Most transplanted kidneys are from cadavers, but there are also substantial numbers of transplants from live donors. Recently, there have started to be kidney exchanges involving two donor-patient pairs such that each donor cannot give a kidney to the intended recipient because of immunological...
Persistent link: https://www.econbiz.de/10013230395