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This paper studies the impact of research and development (R&D) and innovation on employment growth, focusing on small and medium-sized firms. Employment effects of R&D and innovation are unclear a priori as process innovation may be labor-saving or labor might have complementarities with other...
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We consider a hybrid model at the intersection of the standard two-sided matching market as proposed by Gale and … if this structure shares similarities with the classical two-sided matching framework, we show an important difference …. However, we show that, in this housing market framework, there always exists a Pareto-efficient matching that is not blocked …
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Is ownership change an opportunity for new owners to make systematic changes in the workforce of the acquired plant? We document changes to the workforce along observable and unobservable dimensions of worker quality around ownership change using matched employeremployee data. We observe above...
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