We investigate how the deterioration of household balance sheets affects worker productivity, and whether such effects …. We find that, following a negative wealth shock, innovative workers become less productive, and generate lower economic …

The evidence for a productivity-based explanation for real exchange rate behavior of East Asian currencies is examined … relative productivity ratios, one finds a relationship for Japan, Malaysia, and the Philippines. Only when augmenting the … productivity variables, as well as other demand side factors, are less encouraging, except for a small subset of countries …

We study the impact of techies--engineers and other technically trained workers--on firm-level productivity. We first … structural econometric methods, we estimate the causal effect of techies on firm-level Hicks-neutral productivity in both … manufacturing and non-manufacturing industries. We find that techies raise firm-level productivity, and this effect goes beyond the …

shock to the sector - a measure of the systemic risk of each sector. Tail centrality is theoretically and empirically very …