", as proxied by productivity growth shocks - in line with the Real Business Cycle framework -, and we provide empirical …

Does immigration accelerate sectoral change towards high-productivity sectors? This paper uses the mass displacement of … sectors, predicts that immigration boosts output per worker by expanding the high-productivity sector, but decreases output …

our key results to alternative data sets. -- China ; investment ; growth ; productivity ; capital market distortions …

Does immigration accelerate sectoral change towards high-productivity sectors? This paper uses the mass displacement of … sectors, predicts that immigration boosts output per worker by expanding the high-productivity sector, but decreases output …

Does immigration accelerate sectoral change towards high-productivity sectors? This paper uses the mass displacement of … sectors, predicts that immigration boosts output per worker by expanding the high-productivity sector, but decreases output …

Does immigration accelerate sectoral change towards high-productivity sectors? This paper uses the mass displacement of … sectors, predicts that immigration boosts output per worker by expanding the high-productivity sector, but decreases output …