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"Human capital is typically viewed as generating a number of desirable outcomes, including economic growth. Yet, in spite of its importance, few empirical studies have explored why some economies accumulate more human capital than others. This paper attempts to do so using a sample of more than...
Persistent link: https://www.econbiz.de/10003115155
"One of the most robust findings emerging from studies of industrial agglomeration is the rise in productivity that …
Persistent link: https://www.econbiz.de/10002977385
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"The acceleration of productivity growth during the latter half of the 1990s was both the defining economic event of … between incoming aggregate data, which initially suggested little productivity gain, and anecdotal firm-level evidence which … Chairman, argued that revolutionary increases in productivity were occurring and the Committee should not prematurely forgo …
Persistent link: https://www.econbiz.de/10003148619
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"This paper shows that economic fluctuations can be largely demand-driven. In particular, the stylized open-economy business cycle regularities documented by Feldstein and Horioka (1980) and Backus, Kehoe and Kydland (JPE 1992) can be explained by the standard general equilibrium theory if...
Persistent link: https://www.econbiz.de/10002956729
.S., such as the productivity slowdown, increased labor force participation by women, and the "new economy" of the 1990s. We …
Persistent link: https://www.econbiz.de/10002496908
Persistent link: https://www.econbiz.de/10002496991