This paper analyzes the joint dynamics of prices, output and employment across firms. We develop a dynamic equilibrium … productivity and demand shocks have distinct implications for the firms' output and price adjustments. Using panel data on prices … productivity and demand for the labor market and the dispersions of prices and labor productivity. We further analyze the impact of …

but also synergistic, in order to stimulate employment and capitalize the potential of each category, so as to contribute …, with the necessary policy support at central and local level, including in terms of employment. …