effects of heterogeneous productivity across firms on macroeconomic dynamics. The first model indicates that monetary policy … amplification mechanism of exogenous technology shocks based on endogenous firm entry and heterogeneous productivity. Increasing … competition after a positive shock forces less productive firms to leave the market, leading to higher a average productivity …

output dynamics in response to positive productivity shocks? Can we identify heterogeneous productivity shocks and the …

In many OECD countries, low productivity growth has coincided with rising inequality. Widening wage and productivity … productivity-related premia that firms pay their workers above common market wages. The remaining third can be attributed to …

measures perform well in regression analysis explaining productivity across OECD countries and over time. In OECD samples …

In many OECD countries, low productivity growth has coincided with rising inequality. Widening wage and productivity … productivity-related premia that firms pay their workers above common market wages. The remaining third can be attributed to …