productivity (TFP) growth using an extensive dataset that includes various measures of productivity and financial openness for a …

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

-country differences in total factor productivity (TFP) levels. Two differences distinguish this analysis from that of the related …

output and total factor productivity (TFP) in the wake of a crisis. Second, we develop a DSGE model with financial frictions …

affects human capital, and infrastructure expenditures that affect productivity. The paper finds that social expenditures lead … expenditure composition; and improving the productivity of fiscal expenditure is both growth and welfare enhancing …

utilization rate. Strong internal "amplication" results from an economy-wide productivity shock across goods and human capital …

Over the past decade, productivity-adjusted wages have grown at a slower pace in Japan than in other rich countries … felt in all advanced economies. Reforms aimed at increasing productivity in services and reducing gaps in employment … protection and benefits between regular and nonregular workers could help put Japan''s wages on an upward trajectory in the …

We discuss existing shortfalls and inequalities in the accumulation of human capital-knowledge, skills, and health. We … improve: the quality, and not just the quantity, of education and health care; outcomes for disadvantaged groups; and lifelong …