differences in capital accumulation, productivity, and therefore output per worker are driven by differences in institutions and …

, and the jobseeker's personal productivity. We find that, conditional on personal productivity, the standard deviation of … productivity, at 0.43 …

, productivity is higher. The probabilistic matching model of Diamond, Mortensen, and others provides a way to make the idea of …

, cultural, and natural infrastructure are important sources of this variation. According to our results, a high-productivity … raising its total factor productivity …

productivity. Using data on gross state output for the U.S., we find that agglomeration more than offsets congestion effects in … denser areas. While our estimate of the elasticity of productivity with respect to density is small, it explains more than 50 …% of the observed state productivity differences, given the large differences in density …

productivity measurement. Although most applications of Solow's method have measured trends over fairly long time periods, the …

productivity growth, higher markups in product markets, and spending declines resulting from tighter lending standards at financial …

largest was a shortfall of 3.5 percentage points in total factor productivity. The fourth was a shortfall of 2.4 percentage … in the labor market and pessimistic about reversing the declines in total factor productivity and the part of the …

and fiscal policy, and in productivity and labor-force growth, but little variation in the rate of decline of unemployment …