reallocation. A distinct literature describes a slowdown in the pace of aggregate labor productivity growth. We relate these … patterns by studying changes in productivity growth from the late 1990s to the mid 2000s using firm-level data. We find that … diminished allocative efficiency gains can account for the productivity slowdown in a manner that interacts with the within …

We investigate the link between credit booms, productivity growth, labour reallocations and financial crises in a … undermine productivity growth by inducing labour reallocations towards lower productivity growth sectors. A temporarily bloated …

Mismatch in the labour market has been implicated as a driver of the UK's productivity ‘puzzle', the phenomenon … describing how the growth rate and level of UK productivity have fallen behind their respective pre-Great Financial Crisis trends … occupational or regional mismatch would have boosted productivity and output growth in the UK in the post-crisis period. To show …

payment equilibrium." Our econometric analysis of linked employer-employee data for Russia supports the model's contention …

payment equilibrium." Our econometric analysis of linked employer-employee data for Russia supports the model's contention …

productivity in the rest of the economy. To separate exogenous gains in ICT from other technological progress, we use the relative …

This paper studies interactions between labor market institutions and unemployment dynamics in transition economies. It … main conclusions arises. First, higher unemployment benefits increase steady-state unemployment, and, during the transition … consistent with existing evidence on the dynamics of unemployment and real wages in transition economies …

framework developed by Rodrik [1995], a two-sector model of a transition economy is constructed. This model is then used to … reforms, the workers in the state sector and the unemployed will support rapid reforms only at the outset of the transition …