We consider a tractable model of heterogeneous production units that features endogenous entry and productivity … standard factor misallocation framework, policy distortions featuring a positive productivity elasticity of distortions imply … larger reductions in output through smaller investments in establishment productivity. A calibrated version of the model …

We consider policy distortions in a model where plants face idiosyncratic productivity shocks that evolve following a … productivity over time and the exit rate is exogenous to fit data generated from a model with shocks and endogenous entry, TFP …

Characteristics of the Digital Economy -- Digitalization -- Economic Theory -- Theoretical Foundations -- Networks in a … -- Integrating Theory and Policy -- Summary -- Appendices … goods which are then incorporated into macroeconomic models of trade theory in open economies. This approach allows to …

"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 … productivity is even more critical. The crisis has battered global economic activity in an unprecedented way. Entire sectors have …