Showing 1 - 10 of 200
productivity growth in the US economy can be attributed to a technological acceleration within durable manufacturing and to …-factor productivity in the 88% of the economy outside of durable manufacturing. In comparison with the Great Inventions of 1860-1900, the …
Persistent link: https://www.econbiz.de/10005124176
accompanying revival of productivity growth, directly contributed both to faster output growth and to holding down the inflation … the United States, they did not prevent the US from experiencing a dismal period of slow productivity growth between 1972 … and 1995 nor from falling behind in numerous industries outside the IT sector. The 1995-2000 productivity growth revival …
Persistent link: https://www.econbiz.de/10005666412
adopt this approach for the USA and UK, and find support for stationarity of the great ratios when structural breaks are …
Persistent link: https://www.econbiz.de/10005136779
Using a dataset of the firms listed on the Neuer Markt in Germany, this Paper demonstrates that venture backed firms differ from firms with other financial resources, especially debt. Thus, the results of this study provide evidence for the hypothesis that small and innovative firms are more...
Persistent link: https://www.econbiz.de/10005504258
We study the implications of ownership and its induced incentives on firm performance in the ‘New Economy’. Instead of traditional performance we use firm survival on the stock market as the performance indicator. Using a unique data set of all 341 firms listed on the Neuer Markt, the German...
Persistent link: https://www.econbiz.de/10005504269
The link between monetary policy and asset price movements has been of perennial interest to policy makers. In this Paper we consider the potential case for pre-emptive monetary restrictions when asset price reversals can have serious effects on real output. First, we provide some historical...
Persistent link: https://www.econbiz.de/10005504739
The economic boom of the USA in the 1990s was remarkable in its duration, the sustained rise in equipment investment …, the reduced volatility of productivity growth, and continued uncertainty about the trend growth rate. In this paper we …
Persistent link: https://www.econbiz.de/10005666984
’. This Paper provides an overview of the main issues, including faster productivity growth, the stability of inflation … in the stock market. The Paper also considers whether or not the acceleration in productivity growth can be sustained …
Persistent link: https://www.econbiz.de/10005791585
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 …
Persistent link: https://www.econbiz.de/10005789135
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 …
Persistent link: https://www.econbiz.de/10011272720