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From a theoretical perspective the link between the speed and scope of rapid labor reallocation and productivity growth … or income inequality is ambiguous. Do reallocations with more flows tend to produce higher productivity growth? Does such … and used these inputs to estimate the short-run and long-run relationship between labor market flows, labor productivity …
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We use unique data on careers of investment managers to study the relation between labor markets and productivity … from mutual funds to hedge funds results in large gains in return-based productivity and value-added. Hedge funds absorb … smaller hedge fund premium in return-based productivity and a we cannot reject a zero premium in value added …
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Productivity dispersion across firms is large and persistent, and worker reallocation among firms is an important … source of productivity growth. An equilibrium model of growth and firm evolution designed to clarify the role of worker … productivity found in Danish firm data. Conditions under which the reallocation of workers from less to more productive firms …
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productivity across industries. Using our constructed measure of adaptability to social distancing, we empirically find that … industries that are more adaptive to social distancing had less decline in employment and productivity during the pandemic. Using … this empirical evidence, our model predicts that employment and productivity dispersion would induce labor reallocation …
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productivity across industries. Using our constructed measure of adaptability to social distancing, we empirically find that … industries that are more adaptive to social distancing had less decline in employment and productivity during the pandemic. Using … this empirical evidence, our model predicts that employment and productivity dispersion would induce labor reallocation …
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of productivity-affecting knowledge spillovers. We find evidence that hiring workers from more productive establishments … leads to higher productivity in the following year. For an average establishment, this productivity increase amounts to 0 ….45 percent in our most conservative estimate. The observed productivity gains hold for a variety of specifications, and changes …
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