Field, Alexander J. - In: Cliometrica, Journal of Historical Economics and … 1 (2007) 1, pp. 63-90
A consideration of TFP growth in the United States during the golden age (1948–1973) raises two related questions: on the one hand why was it so strong and on the other hand, why were TFP growth rates lower than they were during the Depression years (1929–1941)? A continuing downward trend...
