model, the bias may be up to 50 percent. We find a similar bias in PSID data. -- labor supply elasticity ; intertemporal …

indexes. Would hedonic price indexing also have large effects on measured price and productivity during earlier technological … Sweden 1900-35. The results show that during the productivity boom of the 1920s, current prices for electric motors decreased … high productivity growth in the industry producing electric motors in 1920-29. In contrast to Sweden, the US annual total …