comparisons of productivity growth across decades and among nations. Primarily intended for non-US readers, this paper serves the … aspects of US methods which affect international comparisons of inflation and output growth. The traditional problem of … substitution bias in the Consumer Price Index (CPI) is of minor importance compared with the bias introduced by new products …

In this Paper we propose an alternative to traditional hedonics for estimating new multiunit housing inflation … some of the unobserved but typically relevant housing characteristics that may bias estimated house price inflation, even …

productivity for the differences in regional inflation under a common currency. Comparisons are made with regional productivity …While overall inflation has fallen dramatically in countries like Italy and Spain, inflation in the home good sector … remains stubbornly higher than inflation in the traded good sector. If nominal exchange rates are fixed, these real …

We investigate theoretically and empirically the competitive effects of increased trade on prices, productivity and … productivity. In response to an increase in openness, markups show a steep short run decline, which partly reverses later, while … productivity rises in a manner that increases over time. Our estimates suggest that EU manufacturing prices fell by 2 …

This paper explores the interrelation between the degree of unemployment persistence and the unemployment-productivity …

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 …

An extensive literature on the convergence of productivity between countries examines whether productivity is pulled … use the wide dispersion of productivity across firms to explore convergence to the national frontier. Given this within …

How do economic policies and institutions affect job reallocation processes and their consequences for productivity … little relationship to relative productivity across firms and sectors. Since liberalization began, the pace, heterogeneity …, and productivity effects of job flows have increased substantially. The increases occurred more quickly in rapidly …

This Paper examines the relationship between foreign ownership and productivity, paying particular attention to two … productivity than foreign multinationals, but the difference is less stark in the service sector than in the production sector, and …

This paper assesses the ‘one big wave’ in multi-factor productivity (MFP) growth for the United States since 1870. The … boosting productivity growth, followed by a reopening that contributed to the post-1972 productivity slowdown. …