TY  - JOUR 
AU  - Da Rocha Álvarez, José María
AU  - Restucia, Diego
AU  - Tavares, Marina Mendes
PY  - 2019
SN  - 01651889
UR  - http://hdl.handle.net/11093/1195
AB  - We study the impact of firing costs on aggregate total factor productivity (TFP) in a dynamic general-equilibrium framework where the evolution of establishment-level productivity is not invariant to the policy. Firing costs not only generate static...
LA  - eng
PB  - Journal of Economic Dynamics and Control
TI  - Firing costs, misallocation, and aggregate productivity
DO  - doi.org/10.1016/j.jedc.2018.09.005
ER  -