example, can make the effect of a traded-goods productivity improvement on the real exchange rate negative or positive, as … on the relationship between productivity and the real exchange rate. -- Exchange rates ; Productivity …

), provides a separate analysis of trend labour input and trend labour productivity, and in doing so accounts for more long …

a model of endogenous growth with frictions. Productivity increases with knowledge, which advances via innovation, and …The generation and implementation of ideas, or knowledge, is crucial for economic performance. We study this process in … characterize optimal policies to subsidize research and trade in ideas, given both knowledge and search externalities. We discuss …

productivity, by altering the makeup of plants that populate the market. An appreciation of the local currency increases the level … structural model that captures the effect of plantlevel productivity and real exchange rate fluctuations on plant entry and exit … decisions in the Canadian agricultural implements industry, and how this, in turn, affects aggregate productivity. The model …

While the service sector has been growing rapidly as a share of total output, aggregate productivity growth has … service sector productivity growth. Measurement problems appear to be greater in services than in goods, and a detailed … analysis of output measurement in the three service industries experiencing the lowest productivity growth suggests that …