the efficient allocation of resources across firms. I document that a higher availability of credit leads to a decline in …

). To interpret this dispersion, we develop a highly portable framework to quantify gains from better allocation of … the differences in firm characteristics per se. Removing distortions could raise EU aggregate productivity by 40 percent …

the implications of digitalisation for measurement, productivity, labour markets and inflation, as well as more recent …, aggregate productivity growth has decreased in most advanced economies since the 1970s. However, it is likely that without the … spread of digital technologies the productivity slowdown would have been even more pronounced, and the recent acceleration in …

euro has been accompanied by a reallocation of activity within rather than across sectors. Since its adoption, productivity …

euro has been accompanied by a reallocation of activity within rather than across sectors. Since its adoption, productivity …

response, certain developed countries are proposing controversial trade-related measures and allowance allocation designs to …