We document and dissect a new stylized fact about firm growth: the shift from labor to intermediate inputs. This shift occurs in input quantities, cost and output shares, and output elasticities. We establish this fact using German firm-level data and replicate it in administrative firm data...

We document and dissect a new stylized fact about firm growth: the shift from labor to intermediate inputs. This shift occurs in input quantities, cost and output shares, and output elasticities. We establish this fact using German firm-level data and replicate it in administrative firm data...

We document and dissect a new stylized fact about firm growth: the shift from labor to intermediate inputs. This shift occurs in input quantities, cost and output shares, and output elasticities. We establish this fact using German firm-level data and replicate it in administrative firm data...

We document and dissect a new stylized fact about firm growth: the shift from labor to intermediate inputs. This shift occurs in input quantities, cost and output shares, and output elasticities. We establish this fact using German firm-level data and replicate it in administrative firm data...

This chapter investigates the infusion of collaborative consumption (CC) along the entire food supply chain to explain the multiple contributions it might offer to the food industry. Such a view, which combines insights garnered at the societal, business, and consumer levels, tracks...

Paraguay has been a beacon of macroeconomic stability, but like the rest of the region, its average growth has moderated since 2013, which has affected the pace of poverty reduction. To accelerate growth and poverty reduction, it is important to continue to increase resilience against external...

A fundamental challenge in any hierarchy is aligning incentives across layers. While monitoring can mitigate agency problems, it may itself be rendered ineffective if monitors are corruptible. In this paper, I evaluate the consequences of changes in the design of monitoring institutions for...

Purpose The legal profession is vulnerable to abuse for the purposes of money laundering and terrorist financing. According to the Financial Action Task Force (FATF), that vulnerability justified updated global recommendations that urge countries to require lawyers, notaries and other...