unemployment rate climbed to unprecedented levels and the growth rate of productivity decreased considerably. More recent times …

This paper analyzes the effect of firing costs on aggregate productivity growth. For thispurpose, a model of endogenous …

unemployment on productivity growth heavily depends on the influence of human capital in the production function. In the … traditional Solow model, unemployment has neither an influence on long-run productivity growth nor on the long-run level of … productivity. However, if human capital matters, unemployment has a long-run effect on the level of productivity. Moreover, if we …

This paper establishes stylized facts about the cyclicality of real consumer wages and real producer wages in Germany …

How do economic policies and institutions affect job reallocation processes and their consequences for productivity … little relationship to relative productivity across firms and sectors. Since liberalization began, the pace, heterogeneity …, and productivity effects of job flows have increased substantially. The increases occurred more quickly in rapidly …