This paper assesses productivity trends in Canada vis-a-vis the United States from two perspectives. The first one is … based on estimates of total factor productivity. The second one decomposes productivity growth into two sources: investment … underlying cause of the pickup in productivity in Canada and the narrowing of the productivity gap with the United States. …

productivity growth in the tradable goods sector in Australia, New Zealand, and their major trading partners accounts for a …

relief, would depend on a recipient country's initial economic conditions and level of total factor productivity. …

as on the three main growth channels: total factor productivity, physical capital accumulation, and human capital …

models featuring Epstein-Zin preferences and affine dynamics for productivity growth and volatility. The method relies on log …

generates two main predictions: long-run unemployment increases with (i) a fall in long-run productivity growth and (ii) a rise … in the variance of productivity growth. Evidence based on U.S. time series and on an international panel strongly … supports these predictions. The empirical specifications featuring the variance of productivity growth can account for two U …

This paper investigates the role played by total factor productivity (TFP) in the tradable and nontradable sectors of …

productivity and monetary policy. We identify a condition under which these asset prices become more volatile without affecting the … to productivity shocks. The model we set up does well at matching second moments of exchange rate and equity returns for …

measures differences in labor productivity (the Ricardian measure), and the other differences in total factor productivity (the …