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The acceleration of productivity since 1995 has prompted a debate over whether the economy's underlying growth rate … identify variables other than productivity - namely consumption and labor compensation - to help estimate trend productivity … direction. In addition, we find that productivity data alone provide insufficient evidence of regime changes; corroborating …
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The paper presents an updated TFP estimates in the Philippines. The present estimates were derived using a modified set of methodologies, thus may not be comparable with those derived in the previous estimates (Cororaton and Caparas 1999). Modifications were introduced in the method for...
Persistent link: https://www.econbiz.de/10005209073
productivity change in these institutions by applying the Malmquist approach on a four-year panel data set of 78 SUCs. The DEA …, productivity of about 62 percent of the SUCs has slightly improved in the period under review. The findings of the study point to a …
Persistent link: https://www.econbiz.de/10009395071
We study the implications of increased price flexibility on aggregate output volatility in a dynamic stochastic general equilibrium (DSGE) model. First, using a simplified version of the model, we show analytically that the results depend on the shocks driving the economy and the systematic...
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Remarks at Queens Chamber of Commerce and Queens Economic Development Corporation, Flushing, New York City.
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Remarks at the Quarterly Regional Economic Press Briefing, New York City.
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