values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility … while taking prices parametrically. This result justifies TFP as the right summary measure of welfare (even in situations … (industries or firms) to aggregate welfare using readily available TFP data. Based on this finding, we compute firm and industry …

calculate welfare gaps and growth rates in a sample of developed countries with high-quality total factor productivity and … total factor productivity and by the capital stock per capita. These variables suffice to calculate welfare changes within a … the degree of market competition. It applies to open economies as well, if total factor productivity is constructed using …

calculate welfare gaps and growth rates in a sample of developed countries with high-quality total factor productivity and … total factor productivity and by the capital stock per capita. These variables suffice to calculate welfare changes within a … the degree of market competition. It applies to open economies as well, if total factor productivity is constructed using …

values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility … while taking prices parametrically. This result justifies TFP as the right summary measure of welfare (even in situations … (industries or firms) to aggregate welfare using readily available TFP data. Based on this finding, we compute firm and industry …

This paper offers a reappraisal of the impact of migration on economic growth for 22 OECD countries between 1986 … capital on economic growth. And second, the contribution of immigrants to human capital accumulation tends to dominate the …

This paper offers a reappraisal of the impact of migration on economic growth for 22 OECD countries between 1986 … capital on economic growth. And second, the contribution of immigrants to human capital accumulation tends to dominate the …

In this paper we review the literature on the impact that monetary policy has on growth and employment in developing … investment and technological change and hence on economic growth and on employment. There is very little research about the … direct links between monetary policy and employment. The impact of growth on employment depends on what are the main drivers …

, education and rigidities are significantly related to TFP growth. The contribution of the interaction between product market …This note investigates the effects of the education level, product market rigidities and employment protection … legislation on growth. It exploits macro-panel data for OECD countries. For countries close to the technological frontier …

, education and rigidities are significantly related to TFP growth. The contribution of the interaction between product market …This note investigates the effects of the education level, product market rigidities and employment protection … legislation on growth. It exploits macro-panel data for OECD countries. For countries close to the technological frontier …

, R&D investments, and productivity across 12 OECD economies and 17 manufacturing and service industries. Much of the … positive relationship between those cognitive skills and the labour productivity in a country-sector combination. The part of … the cross-country cross-sector variation in labour productivity that can be explained by human capital is remarkably large …