Saltari, Enrico (contributor); … - 2007
continental economies like Italy, Spain and France. Tradi-
tionally, in European countries, productivity has been above Usa level … of real output and productivity.
23
Figure 12: Interaction between shocks.
equivalent for Italy, France and Spain; total …. Because of the
similarity in the features, in �gure 17 we report only the basic case for Italy
and France.9
Both productivity …