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Better understanding about the drivers of aggregate productivity and wage inequality requires data that offer a representative picture of the underlying firm-level heterogeneity but are, at the same time, able to reproduce patterns observed in aggregate data. The OECD MultiProd project aims to...
Persistent link: https://www.econbiz.de/10012136147
Persistent link: https://www.econbiz.de/10011883879
This paper provides new evidence on the main characteristics of laggard firms - firms in the bottom 40% of the productivity distribution - and their potential for productivity growth. It finds that laggards are on average younger and smaller than more productive firms, and matter for aggregate...
Persistent link: https://www.econbiz.de/10012421285