response to negative rm productivity shocks, workers close to the wage oors experience higher job separations but no wage loss …

Conflicts between management and workers are common and can have significant impacts on productivity. Combining … mass layoff resulted in a large and persistent reduction in the productivity of surviving workers. Moreover, it is …

: distorted employment decisions, increased productivity, and higher exit rates. Our empirical analysis, using a novel dataset and …% points higher annual productivity growth, and a 3.6% points higher probability of exit for firms with binding employment … after 10 years. Additionally, an alternative policy of productivity investment subsidies proved costly and less effective in …