productivity and that they impact the degree of R&D spillovers …

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

A large share of cross-country differences in productivity is explained by differences in agricultural productivity …-induced crop-specific comparative advantages can explain a substantial share of the variation in yields across the world. Data … productivity differences …

, to economically and statistically significant declines in domestic output and productivity. Tariff increases also result …. The effects on output and productivity tend to be magnified when tariffs rise during expansions, for advanced economies …

power in global markets. First, competition has declined around the world, measured as a moderate increase in average firm …

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

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 …