This paper calculates the quantitative significance of the welfare effects of wage compression in Sweden. This is done … compression lead to large welfare losses, since wage compression creates costly unemployment among low-skilled workers. This … welfare loss can be significantly reduced (but not eliminated) if firms and unions bargain over efficient labor contracts. In …

Imports is an important factor beside exports when firm-level connection between innovation and productivity is … analyzed. Innovation boosts productivity, its impact has been changing between 2005 and 2016 in Hungary. The estimated impact …

relationship between product mix and productivity of firms, as well as other characteristics, such as size or foreign ownership … expansion of the export range are the expansion of the import range, the firm size, the productivity, and the foreign ownership. …

In this paper we investigate the relationship between productivity growth and firm dynamics using firm-level data … between 1992 and 2006. Theories emphasising firm-level heterogeneity show that industry-level productivity may not only … was the main factor behind industry-level productivity growth in Hungary in this period, but creative destruction also …

In this paper we investigate the relationship between productivity growth and firm dynamics using firm-level data … between 1992 and 2006. Theories emphasising firm-level heterogeneity show that industry-level productivity may not only … was the main factor behind industry-level productivity growth in Hungary in this period, but creative destruction also …

remove all the barriers what firms confront when entering foreign markets in order to enhance productivity. -- foreign trade … ; total factor productivity ; firms in Hungary …

relationship between product mix and productivity of firms, as well as other characteristics, such as size or foreign ownership … expansion of the export range are the expansion of the import range, the firm size, the productivity, and the foreign ownership. …

Imports is an important factor beside exports when firm-level connection between innovation and productivity is … analyzed. Innovation boosts productivity, its impact has been changing between 2005 and 2016 in Hungary. The estimated impact …

We study the effects of German unification in a model with capital accumulation, skill differences and a welfare state …. Absent a welfare state, we observe an investment boom, depressed output and employment conditions. Capital owners and high …-skilled agents are willing to give up to 4% of per-capita consumption to favor unification. When a welfare state exists the …

slightly decrease over time. There is a negligible loss in welfare, however, from immediately setting the R&D subsidy to its …