and informal sector employees in Tajikistan for 2007. Using the quantile regression decomposition technique proposed by … ; quantile regression decomposition …

establishments' productivities. Inflation distorts aggregate productivity through firm entry dynamics. The model is calibrated to the … decrease in the steady-state average productivity of roughly 0.5 percent compared to the optimum's steady-state. This decrease … in productivity is not innocuous: it leads to a doubling of the welfare cost of inflation. -- Firm dynamics …

This paper combines different strands of the productivity literature to investigate the effect of idiosyncratic (firm …-country differences in key economic outcomes, such as productivity or output per capita, to differences in policies and institutions that … determinants of productivity at the firm-level and the evolution of the distribution of productivity across firms within each …

factor productivity, GDP volatility, negative returns on investment, and a labor force that is too reliant on government …

complementary "decomposition" approach that compares the behavioral and mechanical components of a policy's total impact on the …

labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … productivity. …

Conventional theory predicts that productivity gains lead to pay hikes. Pay increases, however, can influence labor … productivity. But what about in a corporatist economy? Focusing on Germany, we use an innovative technique developed by Geweke to … disentangle the relationship between pay and productivity. …