it generates less than 10 percent of the observed business cycle fluctuations in unemployment given labor productivity … shocks of plausible magnitude. This paper argues that part of the problem lies with the identification of productivity shocks …. Because of the endogeneity of measured labor productivity, filtering out the trend component as in Shimer (2005) may not …

In the last half of the 1990s, labor productivity growth rose in the U.S. and fell almost everywhere in Europe. We … document changes in both capital deepening and multifactor productivity (MFP) growth in both the information and communication … technology (ICT) and non-ICT sectors. We view MFP growth in the ICT sector as investment-specific productivity (ISP) growth. We …

In this paper, we decompose aggregate labor productivity growth in order to gauge the relative importance of … refers to the U.S. activities of multinational corporations operating in the United States. We develop productivity estimates … Analysis and (2) productivity data for industries and major sectors from the FRB productivity system (Bartelsman and Beaulieu …

productivity switched sign in the mid 80s: from negative it became positive, while standard search models imply a negative …

productivity measured in national currencies into a common currency (e.g., U.S. dollars). Compensation rates are translated using … market exchange rates and productivity is translated using relative output price levels. This paper focuses on the estimation …

of the acceleration in published measures of productivity since 2000. …