Productivity varies widely between industries and countries, but even more so across individual firms within the same sectors. The challenge for governments is to strike the right balance between policies designed to increase overall productivity and policies designed to promote the reallocation...

"Productivity is an essential concept in almost every field related to Economics and Management. As Paul Krugman wrote in \The Age of Diminishing Expectations (1994)" \Productivity isn't everything, but in the long run it is almost everything. A country's ability to improve its standard of...

Structural vector-autoregressive models are potentially very useful tools for guiding both macro- and microeconomic policy. In this paper, we present a recently developed method for exploiting non-Gaussianity in the data for estimating such models, with the aim of capturing the causal structure...