Traditionally, shocks to total factor productivity (TFP) are considered exogenous and the employment response depends … reductions in TFP growth. These results have important policy implications, including that low productivity growth in some …

This paper describes determinants of Japan’s productivity growth, reform outputs, and speculation on future potential … Bank of Japan’s understanding of price stability and monetary policy; examines the impact of Japan’s inflation and …

seemingly poor productivity performance, this paper examines job and firm dynamics in Canada relative to the United States … rigidities appear to be reducing Canada's capacity for creative destruction, hence undermining productivity growth. …

generates two main predictions: long-run unemployment increases with (i) a fall in long-run productivity growth and (ii) a rise … in the variance of productivity growth. Evidence based on U.S. time series and on an international panel strongly … supports these predictions. The empirical specifications featuring the variance of productivity growth can account for two U …

results show that, prior to the recent global financial crisis, Poland's output and employment were both growing above …

This paper undertakes a cross-country analysis of productivity growth at both the aggregate and sectoral level. It … finds that Asia's remarkable output growth over the past 40 years reflected both high investment, and rapid productivity … encouraged resource shifts from low- to high-productivity sectors. Looking ahead, sustaining rapid growth requires meeting a …

This paper estimates the effects of offshoring on productivity in U.S. manufacturing industries between 1992 and 2000 … has a significant positive effect on productivity in the US, accounting for around 11 percent of productivity growth … during this period. Offshoring material inputs also has a positive effect on productivity, but the magnitude is smaller …

, openness to trade, and changes in employment protection--using a panel of 18 industrial countries over 1960-2000. Since most …

felt in all advanced economies. Reforms aimed at increasing productivity in services and reducing gaps in employment …Over the past decade, productivity-adjusted wages have grown at a slower pace in Japan than in other rich countries …