comparisons of productivity growth across decades and among nations. Primarily intended for non-US readers, this paper serves the … aspects of US methods which affect international comparisons of inflation and output growth. The traditional problem of … substitution bias in the Consumer Price Index (CPI) is of minor importance compared with the bias introduced by new products …

In this Paper we propose an alternative to traditional hedonics for estimating new multiunit housing inflation … some of the unobserved but typically relevant housing characteristics that may bias estimated house price inflation, even …

We investigate theoretically and empirically the competitive effects of increased trade on prices, productivity and … productivity. In response to an increase in openness, markups show a steep short run decline, which partly reverses later, while … productivity rises in a manner that increases over time. Our estimates suggest that EU manufacturing prices fell by 2 …

productivity for the differences in regional inflation under a common currency. Comparisons are made with regional productivity …While overall inflation has fallen dramatically in countries like Italy and Spain, inflation in the home good sector … remains stubbornly higher than inflation in the traded good sector. If nominal exchange rates are fixed, these real …

This paper explores the interrelation between the degree of unemployment persistence and the unemployment-productivity …

productivity effects of gross job flow rates before and after reforms. Job creation was low throughout the period in this sector … also increased significantly. Intra- and inter-sectoral job reallocation had no effect on aggregate labour productivity … the firms with the lowest productivity. …

We analyse productivity growth in UK manufacturing 1980-92 using the newly available ARD panel of establishments drawn … establishments enter and increase market share). We find that (a) 'external restructuring' accounts for 50% of labour productivity …

we use data on market sector productivity, R&D and non-R&D intangible assets, and public sector R&D spending. We look for … civil or defence R&D. Our findings tentatively suggest that for maximum market sector productivity impact government …

An extensive literature on the convergence of productivity between countries examines whether productivity is pulled … use the wide dispersion of productivity across firms to explore convergence to the national frontier. Given this within …

How do economic policies and institutions affect job reallocation processes and their consequences for productivity … little relationship to relative productivity across firms and sectors. Since liberalization began, the pace, heterogeneity …, and productivity effects of job flows have increased substantially. The increases occurred more quickly in rapidly …