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To what extent has input reallocation contributed to aggregate productivity growth in the banking sectors of Europe and … productivity has grown by reallocating inputs through the first half of the sample period, at the same time when reallocation … reallocation is an important driver of increases in productivity. …
Persistent link: https://www.econbiz.de/10010486867
This paper analyzes the implications of labor market institutions and policies on the employment-labor productivity … unemployment and the distribution of both wages and productivity are endogenous. By means of simulations of this model estimated on …
Persistent link: https://www.econbiz.de/10013318959
We test for sorting of workers between and within industrial sectors in a directed search model with coordination frictions. We fit the model to sector-specific vacancy and output data along with publicly-available statistics that characterize the distribution of worker and employer wage...
Persistent link: https://www.econbiz.de/10013032926
Factor misallocation has been emphasized as one of the main sources of differences in aggregate TFP. This paper investigates the empirical dynamics of both capital and labor misallocation. Exploiting a balanced firm-level panel dataset covering manufacturing and services industries in several...
Persistent link: https://www.econbiz.de/10012909565
firm heterogeneity to wage inequality. Inspired by sorting theory, we infer firm productivity from estimating firm …Increasing wage inequality is associated with changes in the degree of labor market sorting, i.e. the allocation of …-level production functions, taking into account that worker ability and firm productivity may interact at the match level. Using German …
Persistent link: https://www.econbiz.de/10012159531
We develop a quantitative framework in which income inequality arises endogenously in response to productivity shocks …
Persistent link: https://www.econbiz.de/10013443717
growth is also a central concern to both the practice and theory of business strategy. Despite both its theoretical and … robust theory of firm growth. This paper attempts to address this gap in our empirical knowledge of firm growth using a …
Persistent link: https://www.econbiz.de/10012007050
We show that wage setting in the Colombian manufacturing industry is not fundamentally driven by labor productivity in …
Persistent link: https://www.econbiz.de/10010502793
productivity not only increases the likelihood of exporting, but also the chances of firm survival and continued export market …
Persistent link: https://www.econbiz.de/10009686530
firm's goods and services, and, on the supply side, rivalry in the allocation of expertise between the production of goods … productivity. The relationship is further shaped by the sector environment as well as intrinsic characteristics of the goods and …
Persistent link: https://www.econbiz.de/10011752305