A longstanding puzzle of empirical economics is that average labor productivity declines during recessions and … explaining the observed procyclicality. For each competing hypothesis we derive the implications for cyclical productivity … heterogeneity in long-run structural changes across individual plants to identify the short-run sources of procyclical productivity …

productivity observed in a sample of ten unionized plants. It is argued that this relationship reflects the productivity …

standard productivity measures. TFPQ performs poorly because of variation in product specifications across firms. Controlling … for specifications aligns TFPQ with lab benchmarks. We also collect quality metrics to construct quality productivity (the …-dimensional productivity, or capability. As quality productivity is negatively correlated with TFPQ, TFPR may perform better at capturing …

Average wage growth is closely related to aggregate productivity growth across countries and within countries over time …. The commonality of patterns across OECD countries suggests that common factors are at work. Are productivity …-biased technological change or other factors? To answer this, it is necessary to observe education-specific productivity growth. Cross …

important in explaining welfare losses from revenue productivity dispersion …

productivity of women is less than that of men, but not by enough to fully explain the gap in wages, a result that is consistent … that both the wage and productivity profiles are rising but concave to the origin (consistent with profiles quadratic in … age), but the estimated relative wage profile is steeper than the relative productivity profile, consistent with models of …

This paper is motivated by a set of cross-country observations on labor productivity growth among industrial countries … labor productivity has increased dramatically. The main contribution of the paper is to show how these observations are … demographic factors temporarily become an major determinant of labor productivity growth. Our estimation of the model implies that …

The present study is a contribution to the theory of the measurement of productivity growth. First, it examines the … welfare-theoretic basis for measuring productivity growth and shows that the ideal welfare-theoretic measure is a chain index … of productivity growth rates of different sectors which uses current output weights. Second, it lays out a technique for …