A significant amount of work time is lost each year due to worker absence, but evidence on the productivity losses from …. Our analysis indicates that worker absences have large negative impacts: the expected loss in daily productivity from … employing a temporary substitute is on par with replacing a regular worker of average productivity with one at the 10th-20th …

increased use of PTCA appears to be a productivity improvement. PTCAs that substitute for CABG cost less and have the same or …

We develop and estimate a new model of endogenous growth in bank efficiency and firm productivity in which banks adopt …-good-producing entrepreneurs. In this framework, bank efficiency influences firm productivity by affecting agents' occupational choices, while firm … productivity affects bank efficiency through the relative price of capital goods. We find that increasing technology adoption in …

improvements in long-run productivity and living standards, an effect we estimate to be quantitatively important. Once the …

How do regional productivity shocks or transportation infrastructure improvements affect aggregate welfare? In a …

&D funding and private-sector productivity growth, and large implied social returns to public R&D investment. We show that these … in U.S. productivity within a few years, reaching gains of 0.2-0.4% after seven years or more. At their peak, the direct … productivity effects of the implied expansion in nondefense R&D alone would raise output by over $40 billion in a single year …

paper, we build on Hsieh et al. (2019) to provide a methodology to quantify these productivity consequences. The index we … propose, the "Global Gender Distortions Index (GGDI)", measures the losses in aggregate productivity that gender … distortions account for most of the productivity losses …

combination of productivity growth (Balassa-Samuelson effects) and labor market distortions help explain real exchange rate trends …

towards high step size firms but not high process efficiency firms. We then use price and productivity data across firms in …