Cyclical Worker Flows: Cleansing vs. Sullying
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Do recessions speed up or impede productivity-enhancing reallocation? To investigate this question, we use U.S. linked employer-employee data to examine how worker flows contribute to productivity growth over the business cycle. We find that in expansions high-productivity firms grow faster
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美国国家经济研究局创建时间：
2021-05-01
