While the US experienced two successive labor productivity surges in 1995 and 2000, Germany's productivity declined … dramatically during the same period. We examine the sources of Germany's productivity demise using the ifo industry growth … deeply lacking in the mid 1990's as compared to the US. The transition to the new economy mitigated the German productivity …

inherent in growth regressions. IBMA is essential to our estimation because the simultaneous consideration of model uncertainty …

demographics and the productivity of those who will still be active during the up-coming period of demographic ageing. As … productivity is difficult to investigate at a micro level, the paper builds on a large macro-data panel covering developed as well … output per worker as well as on total factor productivity (TFP). The results confirm earlier findings by Feyrer (2007 …

While the US experienced two successive labor productivity surges in 1995 and 2000, Germany’s productivity declined … dramatically during the same period. We examine the sources of Germany’s productivity demise using the ifo industry growth … deeply lacking in the mid 1990’s as compared to the US. The transition to the new economy mitigated the German productivity …

The aggregate labor share in U.S. manufacturing declined dramatically over the last three decades: Since the mid-1980's …. The labor share of the typical U.S. manufacturing plants, in contrast, rose by over 5 percentage points. We reconcile … change in the trend of aggregate labor share in the manufacturing sector, with only a small role for exit of high …