We provide a critique of the methods that have been used to derive measures of income risk and draw attention to the importance of demographic factors as a source of income risk. We also propose new measures of the contribution to total income risk of demographic and labour market factors....

This paper addresses the issue of estimating and forecasting productivity growth trends in the US and Germany from the perspective of a business cycle researcher who wants to use the available information in time series of aggregate labor productivity to derive a model for short- and/or...

Productivity growth and in particular the significant acceleration of productivity growth in the US economy in the second half of the 1990’s, raised high expectations that the massive investment in ICT-capital goods had finally had its impact on the whole US economy. Numerous growth accounting...