NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Production and Learning in Teams

Kyle Herkenhoff, Jeremy Lise, Guido Menzio, Gordon M. Phillips

NBER Working Paper No. 25179
Issued in October 2018

---- Acknowledgments ----

We are grateful to Axel Anderson, Thibault Lamadon, Rasmus Lentz, Ellen McGrattan, Ricardo Lagos, Espen Moen, Tommaso Porzio, Jean-Marc Robin, Coen Teulings, Michela Tincani, and to participants at many conferences for comments and suggestions. The views expressed herein are those of the authors and not necessarily those of the Federal Reserve Bank of Minneapolis or the Federal Reserve System. Herkenhoff and Phillips were supported by NSF grant SES-1824422. Any opinions and conclusions expressed herein are those of the author(s) and do not necessarily represent the views of the U.S. Census Bureau or the National Bureau of Economic Research. All results have been reviewed to ensure that no confidential information is disclosed. This research uses data from the Census Bureau's Longitudinal Employer Household Dynamics Program, which was partially supported by the following National Science Foundation Grants SES-9978093, SES- 0339191 and ITR-0427889; National Institute on Aging Grant AG018854; and grants from the Alfred P. Sloan Foundation.

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