McQuinn, Kieran; Whelan, Karl - In: CESifo economic studies : CESifo, a joint initiative of … 54 (2008) 4, pp. 642-680
We review the recent performance of the Euro area economy, focusing in detail on the separate roles played by labour input, capital input and total factor productivity (TFP). After a long period of catching up with US levels of labour productivity, Euro area productivity growth has, since the...
