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We examine micro-level channels of how financial development can affect macroeconomic outcomes like the level of income and export intensity. We investigate theoretically and empirically how financial constraints affect a firm's innovation and export activities, using unique firm survey data...
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mutual links between international activities of firms and productivity. It is written with a view to inform policy makers in …
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linking this to productivity, which turns out to be important. The paper also provides an example of modeling productivity …
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hiring and firing of workers, labour reallocation and productivity growth. It also reviews how workers affected by labour … labour market flows and these flows, in turn, have significant impacts on productivity growth. At the same time, the evidence …
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