Colciago, Andrea; Lewis, Vivien; Matyska, Branka - 2024
income tax cut, we find that: (i) labor productivity increases; (ii) entry increases with delay; (iii) exit increases; (iv … with idiosyncratic firm productivity, and entry and exit. Our model features productivity gains due to selection and … cleansing along the entry and exit margins. Models with homogeneous firms fail to account for the selection and cleansing …