This paper uses cross-country micro-aggregated data on firm dynamics and productivity from the ECB CompNet database to … institutions. Productivity-enhancing reallocation generally rises in downturns but, similar to findings for the US, it did not pick …

This paper uses cross-country micro-aggregated data on firm dynamics and productivity from the ECB CompNet database to …. Productivity enhancing reallocation generally rises in downturns but, similar to findings for the US, it did not pick up in the …

the efficient allocation of resources across firms. I document that a higher availability of credit leads to a decline in …

This paper uses cross-country micro-aggregated data on rm dynamics and productivity from the ECB CompNet database to …. Productivity enhancing reallocation generally rises in downturns but, similar to findings for the US, it did not pick up in the …

inputs from low to high productivity firms, by dampening the growth of small-highly productive firms …

To what extent has input reallocation contributed to aggregate productivity growth in the banking sectors of Europe and … productivity has grown by reallocating inputs through the first half of the sample period, at the same time when reallocation … reallocation is an important driver of increases in productivity. …

productivity by as much as 6%, suggesting large "productivity costs" of business cycles. …

variance of its components, which is then applied to measure the relative contributions of productivity, hours per worker, and … employment to cyclical output growth across a panel of countries. Measured productivity contributes more to the cycle in Europe … cyclical employment fluctuations. -- Intensive margin ; extensive margin ; productivity ; business cycles ; variance …

This paper argues that the fall and persistently low level of UK Total Factor Productivity (TFP) following the Great …-lasting depression in aggregate productivity. Second, within-industry misallocation cannot account for the drop in TFP. Third, the entry …

Labor productivity (LP) in the United States has gone from being procyclical to acyclical since the mid-1980s. Using … industry-level data, this paper first shows that total factor productivity (TFP), which is LP net of capital deepening, has … reasons for the change in the cyclicality of productivity. By decomposing TFP into technical change and input utilization, it …