This paper looks at the channels through which intangible assets affect productivity. The econometric analysis exploits … a new dataset on intangible investment (INTAN-Invest) in conjunction with EUKLEMS productivity estimates for 10 EU …-calculated factor share. These findings suggest investments in knowledge-based capital, i.e., intangible capital, produce productivity …

The paper comprises a thorough survey of the literature on growth in Western Europe since 1950. This experience is put …

we use data on market sector productivity, R&D and non-R&D intangible assets, and public sector R&D spending. We look for … civil or defence R&D. Our findings tentatively suggest that for maximum market sector productivity impact government …

distress. With a focus on Europe, it looks at how these banks’ foreign affiliates have been faring during the recent financial …

This paper studies the dynamic behaviour of changes in productivity, wages, and prices. Results are based on a new data …. Results are presented for the United States, Japan, and an aggregate called "Europe" consisting of eleven European economies …. The primary theme of the paper is that the differences between Europe and the United States have been substantially …

Positive news about future productivity growth causes a contraction in most neoclassical business cycle models, which … expansion. Although the wealth effect of an increase in expected productivity induces workers to reduce their labour supply, the … consumption and investment to increase in response to positive news about future productivity growth before the actual increase in …

-equilibrium model with endogenous productivity growth. For real wage growth above laissez-faire levels, we obtain steady …-state equilibria in which productivity grows at the same rate as wages, the real interest rate is below the laissez-faire level, and so … constant rate equal to the difference between the growth rates of productivity and output. This contrasts with the view that …

’. 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 …