. Long-run identifying restrictions are used to decompose productivity, hours, and output into technology shocks and non …

and productivity remain depressed. This is because when limits tighten, low-asset, low-productivity job losers cannot self …

of the pre-WWII period, Japan's real GNP per worker was not much more than a third of that of the U.S., with falling … barrier, Japan's prewar GNP per worker would have been close to a half of the U.S. The labor barrier existed because, we argue …

The present study analyzes the "productivity slowdown" of the 1970s. The study also develops a new data set … -- industrial data available back to 1948 -- as well as a new set of tools for decomposing changes in productivity growth. The major … result of this study is that the productivity slowdown of the 1970s has survived three decades of scrutiny, conceptual …

According to unpublished data compiled by BLS, productivity in the construction industry reached a peak in 1968 and … this productivity decline between 1968 and 1978 by estimating a production function to assign weights to various factors … responsible for productivity change and deriving a new price deflator for construction which does not rely on labor or material …

regulation, rather than changes in productivity and trade, account for most of the emissions reductions …