examines the causes of its rise in U.S. manufacturing using data from the census bureau's enterprise statistics and other …

point to large and persistent swings in productivity, both favorable and adverse, originating in the US but not transmitted …-specific technological change enjoyed in the US during the 1990s, it also escaped the stagnation in neutral technological progress that … plagued the US in the 1970s …

Using a small empirical model of inflation, output, and money estimated on U.S. data, we compare the relative …

-Saxon countries (the US and the UK), two Continental European countries (France and Germany) and two Scandinavian countries (Norway … probabilities observed in US, with mixed success in Europe. In contrast, matching shocks and job destruction shocks play a larger … role in most European countries relative to the US …

We study the nature of systemic sovereign credit risk using CDS spreads for the U.S. Treasury, individual U.S. states …-specific credit shocks, we find that there is considerable heterogeneity across U.S. and European issuers in their sensitivity to … systemic risk. U.S. and Euro systemic shocks are highly correlated, but there is much less systemic risk among U.S. sovereigns …