Copyright affects the distribution of creative content. Taking works off copyright promotes their availability, which benefits consumers. But it also allows generic entry to dissipate producer surplus. This paper examines the effect of a copyright on the availability and price of books when...

Human capital has been seen to be a key factor for current and future economic growth. In a broader sense, it appears that we are moving towards a knowledge economy driven by human capital, technological progress and digitalization. However, although this evolution may be a new trend, similar...

Recent research has revealed enormous variation in performance and growth among firms, which both drives and is driven by large reallocations of inputs and outputs across firms (churning) within industries and markets. These differences in firm-level outcomes and the associated turnover of firms...