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Business Economics

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Posts: 12

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The Parenthood Gap: Firms and Earnings Inequality After Kids

Published: January 15, 2025 00:00

We document the dynamics of career paths around parenthood, capturing worker advancement within firms and across firms of differing pay. Using a new linkage between administrative data on U.S. workers’ fertility and labor-market histories, we show that the…

Endogenous timing in a mixed triopoly with state-owned, labour-managed and capitalist firms

Published: December 17, 2024 00:00

Over the past approximately 30 years, many researchers have examined oligopoly models where firms endogenously select the timing of their action decisions. Therefore, this paper studies a mixed triopoly model featuring competition between a labour-managed…

Natural Disasters and Markups

Published: December 17, 2024 00:00

Industries are not fully geographically concentrated, so that natural disasters can affect the degree of competition in the industry, forcing firms to adapt, and have aggregate consequences. Using administrative data, we show that natural disasters in…

KIBS’ and non-KIBS’ business creation and closure: Evidence from the urban micro-space

Published: December 3, 2024 00:00

Our study explores the factors influencing the creation and closure of firms in urban micro-spaces, highlighting the relationship between Knowledge-Intensive Business Services (KIBS) and non-KIBS sectors. Employing 2007-2019 firm-level data from Warsaw,…

Fast and furious: the productivity effects of the geography of experienced internet speeds

Published: December 2, 2024 00:00

The discussion about the productivity gains from digital technologies is almost as old as digital technologies themselves. From early futuristic approaches to the various forms of the productivity paradox, there are still open questions regarding if and…

Scalable versus Productive Technologies

Published: November 21, 2024 00:00

Do larger firms have more productive technologies, are their technologies more scalable, or both? We use administrative data on Canadian and US firms to estimate a joint distribution of output elasticities of capital, labor, and intermediate inputs—thus,…

The role of bargaining and discrimination in the gender wage gap in France: A cross-country perspective

Published: November 13, 2024 00:00

This paper contributes to a better understanding of the role of bargaining and discrimination in the gender wage gap in France and four other European countries using comprehensive linked employer-employee data. The role of bargaining and discrimination is…

Economic Impacts of High-Skilled Immigration

Published: October 28, 2024 00:00

Abstract This brief examines the economic impacts of skilled immigration on firms, innovation, and labour markets. Research shows that skilled immigration generally has positive effects on firm performance, productivity, and innovation. Immigrant inventors…

Creative Destruction and the Reallocation of Capital in Rural and Urban Areas

Published: October 22, 2024 00:00

We test the implications of Schumpeter’s theory of creative destruction on food manufacturer births and deaths using a dynamic, unobserved effects count model with correlated random effects. We find evidence of a creative destruction process via the…

Productive Sectors and Digital Diffusion(Adoption) in Nigeria: Empirical Evidence

Published: October 14, 2024 00:00

As the most populous nation in Africa, Nigeria is uniquely positioned to reap the benefits of the emerging digital economy. And by accelerating access to digital technologies spurs innovation, efficiency and productivity which brings about choice and…

The new wave? The role of human capital and STEM skills in technology adoption in the UK

Published: October 10, 2024 00:00

Which types of human capital influence the adoption of advanced technologies? We study the skill biased adoption of information and communication technologies (ICT) across two waves in the UK. Specifically, we compare the 'new wave' of cloud and machine…

Reviving productivity growth: A review of policies

Published: October 7, 2024 00:00

This review takes stock of the large body of evidence on aggregate productivity growth, its structural drivers, and the role of a wide range of policies. It aims to synthesise evidence on how public policies can promote productivity through their impacts…