We document two striking facts about U.S. firm dynamics and interpret their significance for aggregate employment dynamics. The first observation is the steady decline in the firm entry rate over the last thirty years, and the second is the gradual shift of employment from younger to older firms...

We use an extensive,matched employer-employee dataset to analyze the employer-size wage relation and its contribution to wage inequality in Germany. Applying models with additive fixed effects for workers and establishments, we document that the large firm wage premium, which has risen over 25...

This paper reviews the problem of brain drain or skill migration from developing countries mostly to industrialized countries. Some case studies are presented to illustrate some of the major problems facing Africans today in not being able to utilize optimally the human as well as material...