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作者：Baley, Isaac; Ljungqvist, Lars; Sargent, Thomas J.
作者单位：Pompeu Fabra University; Centre de Recerca en Economia Internacional (CREI); Barcelona School of Economics; Centre for Economic Policy Research - UK; Stockholm School of Economics; New York University
摘要：Returns to labour mobility have too often escaped the attention they deserve as conduits of important forces in macro-labour models. These returns are shaped by calibrations of productivity processes that use theoretical perspectives and data sources from (i) labour economics and (ii) industrial organisation. By investigating earlier prominent studies, we conclude that the focus on firm size dynamics and shocks intermediated through neo-classical production functions in (ii) yields large retur...
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作者：Fisman, Raymond; Guriev, Sergei; Ioramashvili, Carolin; Plekhanov, Alexander
作者单位：Boston University; Boston University; Institut d'Etudes Politiques Paris (Sciences Po); University of Sussex; University of London; London School Economics & Political Science; European Bank of Reconstructon & Development
摘要：We empirically investigate the relationship between corruption and growth using a firm-level dataset that is unique in scale, covering almost 88,000 firms across 141 economies in 2006-20, with wide-ranging corruption experiences. The scale and detail of our data allow us to explore the corruption-growth relationship at a very local level, within industries in a relatively narrow geography. We report three empirical regularities. First, firms that make zero informal payments tend to grow slower...
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作者：Siena, Daniele; Zago, Riccardo
作者单位：Polytechnic University of Milan; Polytechnic University of Milan; European Central Bank; Bank of France
摘要：This paper shows that job polarisation-i.e., the disappearance of routine jobs-is changing the characteristics of the labour market. This has structural implications for the relationship between inflation and unemployment, the price Phillips curve. Using data from the European Monetary Union and exploiting the fact that job polarisation accelerates during recessions, we obtain two empirical results. First, countries experiencing a bigger shift in the occupational structure during a downturn ex...
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作者：Basak, Deepal
作者单位：Indiana University System; IU Kelley School of Business; Indiana University Bloomington; Indiana University System; Indiana University Bloomington
摘要：We consider a bargaining game in which both sides are uncertain about their opponent's commitment, which leads to delay and welfare loss in equilibrium. We address the following question: does ex ante better public information about a player improve expected social welfare? We show that if the information cannot turn the bargaining table (turns the weak bargainer into a strong one and vice versa), more information does not help. More information about a weak bargainer has zero impact, whereas ...
