reconcile the conflicting primal and dual estimates of productivity growth over the period. …

randomly gave cash and in-kind grants to male- and female-owned microenterprises in urban Ghana. Our findings cast doubt on the …

This paper studies the effects of descent rules on human capital accumulation. We exploit a policy experiment in Ghana …-landed households. This evidence is consistent with the fact that before the reform matrilineal groups in Ghana "over-invested" in …

and productivity growth is low. We apply our theory to the windfalls of Norway, Iraq and Ghana. The optimal size of Ghana …’s liquidity fund is tiny even with high prudence. Norway’s liquidity fund is bigger than Ghana’s. Iraq’s liquidity fund is … to invest. We illustrate how this can speed up the process of development in Ghana despite domestic absorption …

dynamic performance of the US economy before 1950. A comparison with the United Kingdom, still the world productivity leader …s and the 1940s. Furthermore, this earlier process of catching up was driven by the dynamic productivity performance of … exporter of manufactured goods not simply by catching-up in labour productivity terms, but by holding the growth of real wages …

following five questions: 1) To what extent does an economy subject to regular variations in labour productivity growth differ … from one where labour productivity is constant? 2) What is the impact on major macroeconomic indicators of a one …-time change in labour productivity growth? 3) What are the business cycle implications of autonomous (non-falsifiable) changes in …

may be ineffective. We show how supply side policies can stimulate employment by raising worker productivity or reducing … effect on employment unless these policies stimulate labor productivity, the entry of firms, capital utilization or …

The commonly accepted chronology for comparative productivity levels based on GDP data does not apply to the … manufacturing sector, where there is evidence of a much greater degree of stationarity of comparative labour productivity … compositional effects of structural change. The persistent large labour productivity gap between the US and Europe cannot be …

This paper studies the dynamic behaviour of changes in productivity, wages, and prices. Results are based on a new data … respond to the post-1972 productivity growth slowdown. The paper's analysis of productivity change confirms the real …-wage elasticity of labour input emphasized previously, but shows that the response of productivity to changes in the real wage, and to …

productivity relative to the aggregate economy leads to a rise in relative wages of 0.1-0.2%. As a corollary to this, outside …