A number of advanced economies carried out a sequence of extensive reforms of their labor and product markets in the … of reforms, those of New Zealand, Australia, Denmark, Ireland and Netherlands in the 1990s, and the labor market reforms …

products of labor. Using plant-level data, we propose and examine an approach that quantifies the industry productivity gains … leads to significant increases in the reallocation of labor within local industries towards small firms with higher marginal … from labor reallocation and find that these gains are economically important. Our analysis suggests that labor reallocation …

this empirical evidence, our model predicts that employment and productivity dispersion would induce labor reallocation … productivity across industries. Using our constructed measure of adaptability to social distancing, we empirically find that … industries that are more adaptive to social distancing had less decline in employment and productivity during the pandemic. Using …

An analytical framework is developed to study the repercussions between endogenous capital- and labor-saving technical … affects the relative scarcity of factors of production, relative factor prices, and the direction of induced technical change … this framework aging increases the relative scarcity of labor with respect to capital. Therefore, there will be more labor …