effects are concentrated on employees with lower skills, and increase with the level of firm-specific human capital. Taken …

spillovers on firm-level productivity are extensively studied in applied work, but not in the context of resource misallocation …We study resource misallocation by explicitly modelling R&D input and knowledge spillovers. The effects of R&D and …. We establish that, in the presence of spillovers, efficient resource allocation requires that more productive firms face …

; occupational allocation ; productivity spillovers … assess its optimal level. In this paper, we investigate an indicator of college skills usage - the fraction of college … college graduates in the population and the use of college skills. Empirical results based on worker-level data from NUTS-4 …

sector-specific shocks have reallaction and aggregate effects. Permanent shocks explain wedges in real wages and different … ; Matching ; Sectoral Productivity Shock …