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demand, borrowing-constraints and the profitability of engaging in innovation (R&D). We decompose the effects of RER changes … on average firm-level productivity growth across regions into these channels. We then structurally estimate the model and … growth of firm-level productivity and cash-ow and higher export entry rates. We find negative average effects for firms in …
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We study how firms can design the physical space of their organizations to maximize performance, both theoretically and empirically. We find that physical location of workers greatly affects performance by means of the performance of peers spilling over to the focal worker --- both positively...
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