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We analyze the effect of labor mobility and innovation on productivity growth. With event-study analysis based on exogenous worker deaths and shift-share international trade shocks, we show that both the extent and direction of worker mobility affect firm productivity. We develop a...
Persistent link: https://www.econbiz.de/10014578391
Life-cycle wage growth rates vary significantly across countries. In this paper, we examine the role of the local distribution of firm productivity in shaping life-cycle wage profiles by introducing a random search model that disentangles the effects of firm productivity distribution, on-the-job...
Persistent link: https://www.econbiz.de/10015372540