Dear Colleague: We are sending a link to our files for our job candidates who are entering the jo... more Dear Colleague: We are sending a link to our files for our job candidates who are entering the job market in 2012-13. We have a number of excellent young economists and I hope you will give them careful consideration. They will attend the ASSA meeting in San Diego in January as well as the Simposio de la Asociación Española de Economía in Vigo, Spain.
Spain has recently experienced more than a decade of price stability and economic growth however ... more Spain has recently experienced more than a decade of price stability and economic growth however now is showing one of the most significant slowdowns in economic activity of the EU economies. There is a general consensus that this slowdown in economic activity is particularly important in Spain due to the low level and low rates of growth experienced by total factor productivity (TFP) during more than a decade. Among the key policy elements that could enhance TFP of manufacturing firms in Spain we find those related to human capital, foreign direct investment, and process innovations. We evaluate the effect of recessions on the productivity growth of firms with different level of productivity. We present evidence on the dynamic of firm’s TFP through the business cycle allowing for a differentiated behavior for technological leaders and followers. We observe lower persistence and faster convergence in TFP during recessions and, higher persistence and non convergence in TFP during exp...
Dear Colleague: We are sending a link to our files for our job candidates who are entering the jo... more Dear Colleague: We are sending a link to our files for our job candidates who are entering the job market in 2012-13. We have a number of excellent young economists and I hope you will give them careful consideration. They will attend the ASSA meeting in San Diego in January as well as the Simposio de la Asociación Española de Economía in Vigo, Spain.
Spain has recently experienced more than a decade of price stability and economic growth however ... more Spain has recently experienced more than a decade of price stability and economic growth however now is showing one of the most significant slowdowns in economic activity of the EU economies. There is a general consensus that this slowdown in economic activity is particularly important in Spain due to the low level and low rates of growth experienced by total factor productivity (TFP) during more than a decade. Among the key policy elements that could enhance TFP of manufacturing firms in Spain we find those related to human capital, foreign direct investment, and process innovations. We evaluate the effect of recessions on the productivity growth of firms with different level of productivity. We present evidence on the dynamic of firm’s TFP through the business cycle allowing for a differentiated behavior for technological leaders and followers. We observe lower persistence and faster convergence in TFP during recessions and, higher persistence and non convergence in TFP during exp...
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Papers by Juan J. Dolado