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productive. The formers' convergence could therefore constitute an important part of productivity growth at the macroeconomic … level. This article sheds light on this convergence process in the 1990s and the 2000s in France and on some of the factors … which can explain it. Productivity convergence was stronger for labour productivity than for total factor productivity. But …
Persistent link: https://www.econbiz.de/10005256474
People do not psychologically benefit from economic expansions nearly as much as they suffer from recessions, according to research by JanEmmanuel De Neve and colleagues.
Persistent link: https://www.econbiz.de/10011123598
We survey the micro and macro literature on the impact of Information and Communication Technologies (ICTs) on productivity. The "Solow Paradox" of the absence of an impact of ICT on productivity no longer holds, if it ever did. Both growth accounting and econometric evidence suggest an...
Persistent link: https://www.econbiz.de/10005510438
Are individuals more sensitive to losses than gains in terms of economic growth? Using subjective well-being data, we observe an asymmetry in the way positive and negative economic growth is experienced. We find that measures of life satisfaction and affect are more than twice as sensitive to...
Persistent link: https://www.econbiz.de/10011196452