values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility … while taking prices parametrically. This result justifies total factor productivity (TFP) as the right summary measure of …

values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …. -- Productivity ; welfare ; reallocation ; technology ; TFP …

financial performance, labor productivity, employment, quits, absenteeism, industrial relations climate, and plant closings …

financial performance, labor productivity, employment, quits, absenteeism, industrial relations climate, and plant closings …

are characterized by higher productivity levels than exporters on average, the productivity ranking predicted by Helpman …

are characterized by higher productivity levels than exporters on average, the productivity ranking predicted by Helpman … investment ; productivity …

-13 on firm-level productivity in France, Italy and Spain. We show that relying on a single break date in 2008 misses both …-level productivity negatively, high-leverage firms suffer more from financial constraints only in Italy, when they are relatively small … productivity. …

bargaining agreements works councils are more likely to be engaged in productivity enhancing activities and less engaged in rent … empirical analysis confirms this hypothesis. The presence of works councils exerts a positive impact on productivity within the …

This paper studies the implications of perceived default risk for aggregate output and productivity. Using a model of … credit across firms with heterogeneous productivity. Further, we find that these losses accounted for over half of the … productivity fall between 2008 and 2009, and persisted for smaller (although not larger) firms. …