Labor productivity is more procyclical in OECD countries with lower employment volatility. To capture this new stylized … our model with variable effort, greater labor market frictions are associated with procyclical labor productivity as well … data. By implication, labor market deregulation has a greater effect on the cyclicality of labor productivity and on the …

The study aims at describing productivity growth in the manufacturing sector for a selected panel of five European … countries using firm-level data. The paper explores the empirical regularities of firm productivity distribution across … countries. In particular, we assess the degree of persistence of firm relative productivity and consider its effect on aggregate …

-WWII era. Results for the U.S. well capture the "conventional wisdom"; of a golden era of high productivity growth, the 1950s … mid-1990s. Evidence clearly suggests the 1990s'; productivity acceleration to have reached a plateau over the last few … productivity growth stabilising over the most recent period …

This paper focuses on tenure driven productivity dynamics of a firm-worker match as a potential explanation of … "unemployment volatility puzzle". We let new matches and continuing jobs differ by their productivity levels and by their … sensitivity to aggregate productivity shocks. As a result, new matches have a higher destruction rate and lower, but more volatile …