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into account the impact of population aging on labour productivity. China’s fast move towards robotisation and artificial … intelligence might help mitigate any negative impacts by increasing productivity, but there is no sign yet that this is the case. …
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-to-job flows reallocate workers from low productivity to high productivity firms and often this pattern is tested assuming that … firm size, wages and productivity are positively related. This paper constructs a unique monthly linked employer … employment size, wage or productivity show different responses of employment growth rates to business cycles. The relationship …
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This paper analyses the cyclicality of fiscal policy (discretionary versus automatic) for 28 advanced economies over 1995-2021 by paying special attention to the Covid-19 crisis. We find evidence that discretionary fiscal policy during the Covid-19 crisis (2020-2021) was significantly more...
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