the labor productivity of workers across the age distribution, while one-third arises from slower labor force growth. Our …

The dismal decade of 2010-19 recorded the slowest productivity growth of any decade in U.S. history, only 1.1 percent … per year in the business sector. Yet the pandemic appears to have created a resurgence in productivity growth with a 4 ….1 percent rate achieved in the four quarters of 2020. This paper provides a unified framework that explains productivity growth …

U.S. labor and total-factor productivity growth slowed prior to the Great Recession. The timing rules out explanations … intensively, consistent with a return to normal productivity growth after nearly a decade of exceptional IT-fueled gains. A … calibrated growth model suggests trend productivity growth has returned close to its 1973-1995 pace. Slower underlying …

Starting from the same level of productivity and per-capita income as the United States in the mid-nineteenth century … productivity has almost converged, its income per person has leveled off at about three-quarters of America's. How could Europe be …

The present study is the third in a series of three papers devoted to issues in the measurement of productivity and … productivity growth. The major findings are as follows. First, this study shows that the new data set used here, which develops … useful supplement to existing data sets. Second, there has clearly been a rebound in labor-productivity growth in recent …

Average wage growth is closely related to aggregate productivity growth across countries and within countries over time …. The commonality of patterns across OECD countries suggests that common factors are at work. Are productivity …-biased technological change or other factors? To answer this, it is necessary to observe education-specific productivity growth. Cross …