Oulton, Nicholas - London School of Economics (LSE) - 2013
The productivity performance of the UK economy in the period 1990-2007 was excellent. Based entirely on pre-crisis data … discuss a wide range of hypotheses which seek to explain the productivity collapse, including the impact of austerity. Most of … financial crises, particularly banking crises, on productivity, capital, TFP and employment. Based on a cross-country panel …