prices and total factor productivity (TFP) with the aim of highlighting data patterns that are useful for evaluating business … run movements in total factor productivity and (ii) such stock prices innovations do not affect U.S. sectoral TFPs …

We study the impact of intersectoral and interregional trade linkages in propagating disaggregated productivity changes … of measured TFP, GDP, and employment to regional and sectoral productivity changes. We find that the elasticities vary …

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

, productivity, the price level, money and credit stocks during each episode. Two booms stand out in terms of their length and rate … rapid real growth and productivity advance, suggesting that booms are driven at least partly by fundamentals. We find no …

) definition of aggregate productivity growth, which aggregates plant-level changes to changes in aggregate final demand in the … technologies, one for each 4-digit SIC code. On average we find positive aggregate productivity growth of 2.2% in this sector … for both the theoretical literature on growth and alternative indexes of aggregate productivity growth based only on …

the capital stock, and the increase of multifactor productivity. I calculate a likely growth rate of 2.6 percent a year …