concerning the efficiency of business cycle fluctuations, and it provides an unsatisfactory explanation of labor market and …

The innovation, efficiency and productivity responses to the stronger protection of intellectual property rights post … increase is found in the annual rates of technical change, efficiency change, and productivity growth – about 3, 8 and 0 …

distribution into three main components: efficiency, amenities, and frictions. Higher efficiency and better amenities lead to … MSAs in the United States, we parametrize the model and empirically estimate efficiency, amenities and frictions … across cities are modest. When allowing for externalities, we find an important city selection effect: eliminating …

in the support of low quality workers. For these workers it is equal in efficiency to the other search channels. …

. Unemployment insurance has the standard effect of reducing employment, but also helps workers to get a suitable job. The … with calibrated parameters which only differ by the degree of unemployment insurance and assume that they are hit by a … regard as acceptable in the economy with unemployment insurance (Europe). As a result, unemployment doubles in this economy …

industries using firm-level panel data. The technical efficiency of firms is found to vary significantly both within and across … industrial sectors in each country. We find strong evidence of a positive relationship between firm technical efficiency levels … between firm efficiency and size is also found to be positive, suggesting big industrial firms in the former planned economies …