and productivity. A model with monopolistic competition, a continuum-of-goods, and endogenous tradability allows for … theory and history to be consistent for a wide range of underlying productivity shocks. …

productivity growth. We show that the data imply that households are not willing to substitute between the two goods at all and …

This paper makes four points about the recent dynamics of productivity and potential output. First, after accelerating … in the mid-1990s, labor and total-factor productivity growth slowed after the early to mid 2000s. This slowdown preceded … the Great Recession. Second, in contrast to some informal commentary, productivity performance during the Great Recession …

and productivity. A model with monopolistic competition, a continuum-of-goods, and endogenous tradability allows for … theory and history to be consistent for a wide range of underlying productivity shocks. …

, including capital, are used to produce a quarterly series on total factor productivity (TFP). In addition, the dataset …

U.S. labor and total-factor productivity growth slowed prior to the Great Recession. The timing rules explanations that …, consistent with a return to normal productivity growth after nearly a decade of exceptional IT-fueled gains. A calibrated growth … model suggests trend productivity growth has returned close to its 1973-1995 pace. Slower underlying productivity growth …

This paper explores the relationship between capital composition and productivity using a unique and remarkably …’ productivity. The implied marginal products are derived and compared to official data on rental prices; substantial differences …

technologies is associated with higher productivity and higher productivity growth. As in the worker literature, firms adopting … productivity, or other measures of firm success. I am able to control for many firm characteristics not available in other data …