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Economic growth through worker reallocation : the role of knowledge spillovers
Mäkynen, Eero - 2021
important is worker reallocation for aggregate productivity growth? To study this question, I develop a general equilibrium …
Persistent link: https://www.econbiz.de/10012583063
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COVID-19 Is a Persistent Reallocation Shock
Barrero, Jose Maria; Bloom, Nicholas; Davis, Steven J.; … - 2021
is a persistent reallocation shock. First, rates of excess job and sales reallocation over 24-month periods have risen …
Persistent link: https://www.econbiz.de/10013232561
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COVID-19 Is a Persistent Reallocation Shock
Barrero, Jose Maria; Bloom, Nicholas; Davis, Steven J.; … - 2021
is a persistent reallocation shock. First, rates of excess job and sales reallocation over 24-month periods have risen …
Persistent link: https://www.econbiz.de/10013242016
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Government Aid to Firms : Cause or Cure of Misallocation?
Fakos, Alexandros - 2020
Governments in advanced and developing economies allocate capital subsidies to firms in a discretionary fashion through industrial policy or state aid. Do such discretionary policies mitigate or exacerbate the misallocation of resources across firms? This paper analyzes a typical EU policy using...
Persistent link: https://www.econbiz.de/10012846896
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COVID-19 Is Also a Reallocation Shock
Barrero, Jose Maria; Bloom, Nicholas; Davis, Steven J. - 2020
, forward-looking reallocation measures for jobs and sales. These measures rise sharply after February 2020, reaching rates in … restrictions, and regulatory barriers to business formation will impede reallocation responses to the COVID-19 shock …
Persistent link: https://www.econbiz.de/10014098306
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Size-dependent regulations, firm size distribution, and reallocation
Gourio, François; Roys, Nicolas - 2013
In France, firms with 50 employees or more face substantially more regulation than firms with less than 50. As a result, the size distribution of firms is visibly distorted: there are many firms with exactly 49 employees. We model the regulation as the combination of a sunk cost that must be...
Persistent link: https://www.econbiz.de/10010196279
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Size-dependent regulations, firm size distribution, and reallocation
Gourio, François; Roys, Nicolas - In: Quantitative economics : QE ; journal of the … 5 (2014) 2, pp. 377-416
In France, firms that have 50 employees or more face substantially more regulation than firms that have less than 50. As a result, the size distribution of firms is visibly distorted: there are many firms with exactly 49 employees. We model the regulation as the combination of a sunk cost that...
Persistent link: https://www.econbiz.de/10011757262
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Banks, Credit Reallocation, and Creative Destruction
Keuschnigg, Christian; Kogler, Michael; Matt, Johannes - 2022
bank credit reallocation with endogenous firm entry and exit that allows for both theoretical and quantitative analysis. By …
Persistent link: https://www.econbiz.de/10014238523
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Banks, credit reallocation, and creative destruction
Keuschnigg, Christian; Kogler, Michael; Matt, Johannes - 2022
bank credit reallocation with endogenous firm entry and exit that allows for both theoretical and quantitative analysis. By …
Persistent link: https://www.econbiz.de/10013453926
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Reallocation patterns across occupations
Bauer, Anja - 2015
Using high-quality administrative data, I analyze workers' opportunity costs of reallocation across occupations by … changes after reallocation and find that workers who change occupations through unemployment face wage losses. Interpreted … would only reallocate when they can recoup the costs of reallocation through wage gains. To shed some light on the question …
Persistent link: https://www.econbiz.de/10011337033