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Measuring Factor Misallocation: General Methods and Evidence on the Great Recession

Listed author(s):
  • Schelkle, Thomas

Das Papier entwickelt neue Methoden zur Messung der Misallokation von Produktionsfaktoren zwischen verschiedenen Produktionseinheiten. Diese Methoden beruhen nur auf sehr allgemeinen Annahmen. Eine empirische Anwendung dieser Methoden liefert Evidenz für eine beträchtliche Misallokation von Arbeit und Kapital zwischen verschiedenen Industrien in den USA und für einen substantiellen Anstieg von Misallokation während der Great Recession.

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File URL: https://www.econstor.eu/bitstream/10419/168105/1/VfS-2017-pid-2274.pdf
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Paper provided by Verein für Socialpolitik / German Economic Association in its series Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking with number 168105.

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Date of creation: 2017
Handle: RePEc:zbw:vfsc17:168105
Contact details of provider: Web page: http://www.socialpolitik.org/
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