decisions, increased productivity, and higher exit rates. Our empirical analysis, using a novel dataset and instrumental … annual productivity growth, and a 3.6% points higher probability of exit for firms with binding employment targets. Our …. Additionally, an alternative policy of productivity investment subsidies proved costly and less effective in the short term. …

: distorted employment decisions, increased productivity, and higher exit rates. Our empirical analysis, using a novel dataset and …% points higher annual productivity growth, and a 3.6% points higher probability of exit for firms with binding employment … after 10 years. Additionally, an alternative policy of productivity investment subsidies proved costly and less effective in …

. Labor productivity rises 8% at targets over two years post buyout (again, relative to controls), with large gains for both … public-to-private and private-to-private buyouts. Target productivity gains are larger yet for deals executed amidst tight … sharply curtails productivity gains in public-to-private and divisional buy-outs. Average earnings per worker fall by 1.7% at …

“polarization,“ causing low-productivity firms to exit the market while others temporarily distort their employment upward …. Dynamically, firms are incentivized to improve productivity to meet targets. Using novel data from East German firms post … exit probability, and 10% higher annual productivity growth over the target period. Structural estimates reveal substantial …

“polarization,“ causing low-productivity firms to exit the market while others temporarily distort their employment upward …. Dynamically, firms are incentivized to improve productivity to meet targets. Using novel data from East German firms post … higher annual exit probability, and 10% points higher annual productivity growth over the target period. Structural estimates …

: distorted employment decisions, increased productivity, and higher exit rates. Our empirical analysis, using a novel dataset and …% points higher annual productivity growth, and a 3.6% points higher probability of exit for firms with binding employment … after 10 years. Additionally, an alternative policy of productivity investment subsidies proved costly and less effective in …