productivity shocks. However, the dispersion of firms’ productivity shocks has decreased too. To enhance our understanding of these …

productivity shocks. However, the dispersion of firms’ productivity shocks has decreased too. To enhance our understanding of these …

This paper identifies how productivity shocks propagate within a multi-divisional organization and induce … small, a shock that increases the productivity gap across divisions increases the relative performance of centralization …

productivity growth-particularly among the less productive firms under private Chinese or foreign ownership, but not among state …

factor productivity growth–particularly among the less productive firms under private Chinese or foreign ownership, but not …

The Italian economy has been struggling with low productivity growth and bank balance sheet strains. This paper … examines the implications for firm productivity of adverse shocks to bank lending in Italy, using a novel identification scheme …-to-labor ratio, and productivity. The transmission from changes in credit supply to firm productivity relates to labor market …

, I develop a heterogeneous-firms model that endogenizes declines in aggregate productivity through reallocation towards …-cycle of 2003-2012, the calibrated model generates about 50% of the observed productivity decline. …

We provide broad-based evidence of a firm size premium of total factor productivity (TFP) growth in Europe after the …

the aggregate total factor productivity rate of growth (Solow residual). Our approach relies on the interaction between …