Cross country differences in job reallocation: The role of industry, firm size and regulations

2014 ◽  
Vol 26 ◽  
pp. 11-25 ◽  
Author(s):  
John Haltiwanger ◽  
Stefano Scarpetta ◽  
Helena Schweiger
2020 ◽  
Author(s):  
Fariborz Moshirian ◽  
Nguyen Thi Thuy ◽  
Jin Yu ◽  
Bohui Zhang

2014 ◽  
Vol 104 (9) ◽  
pp. 2736-2762 ◽  
Author(s):  
Rodolfo E. Manuelli ◽  
Ananth Seshadri

We reevaluate the role of human capital in determining the wealth of nations. We use standard human capital theory to estimate stocks of human capital and allow the quality of human capital to vary across countries. Our model can explain differences in schooling and earnings profiles and, consequently, estimates of Mincerian rates of return across countries. We find that effective human capital per worker varies substantially across countries. Cross-country differences in Total Factor Productivity (TFP) are significantly smaller than found in previous studies. Our model implies that output per worker is highly responsive to changes in TFP and demographic variables. (JEL E23, I25, J24, J31, O47)


2013 ◽  
Vol 103 (1) ◽  
pp. 305-334 ◽  
Author(s):  
Eric Bartelsman ◽  
John Haltiwanger ◽  
Stefano Scarpetta

This paper investigates the effect of idiosyncratic (firm-level) policy distortions on aggregate outcomes. Exploiting harmonized firm-level data for a number of countries, we show that there is substantial and systematic cross-country variation in the within-industry covariance between size and productivity. We develop a model in which heterogeneous firms face adjustment frictions (overhead labor and quasi-fixed capital) and distortions. The model can be readily calibrated so that variations in the distribution of distortions allow matching the observed cross-country moments. We show that the differences in the distortions that account for the size-productivity covariance imply substantial differences in aggregate performance. (JEL D24, L25, O47)


2009 ◽  
Author(s):  
Eric Bartelsman ◽  
John Haltiwanger ◽  
Stefano Scarpetta

Societies ◽  
2018 ◽  
Vol 8 (3) ◽  
pp. 62 ◽  
Author(s):  
Zsófia S. Ignácz

Despite convergence processes between Western and post-socialist societies in the past three decades, there are still considerable cross-country differences in individuals’ attitudes toward income inequality. To explain these differences, studies have primarily focused on the role of macro level differences and have only theoretically acknowledged how the role of diverging socialization experiences could also be responsible. To date, little is known about the importance of socialization for attitudes toward income inequality. This article assesses whether the differences between Western and post-socialist countries are influenced by socialization effects. Applying an adapted age-period-cohort analysis on the dataset of the International Social Survey Program’s (ISSP) “Social Inequality” module in survey years 1992, 1999, and 2009, the paper shows that socialization has a substantial effect on attitudes and a socialist socialization clearly differentiates individuals from post-socialist countries from Westerners. Results underline that experiences gained in formative years are crucial for attitudes. A further finding is that both perception and preferences toward income inequality are influenced by socialization.


2018 ◽  
Vol 108 ◽  
pp. 159-162 ◽  
Author(s):  
Da Ke

What explains substantial variation across countries in household stock market participation? Building on Ke (2018), I hypothesize that the prevailing gender norm in a country is an important cultural factor. In a cross-country analysis, I find that households in countries with strong gender norms are less likely to participate in the stock market. In addition, I present suggestive evidence that gender role attitudes help explain cross-country differences in participation among the wealthy. My findings underscore the role of social norms in shaping household balance sheets across countries.


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