After more than three decades of high growth that was based on an exploration of its low-wage advantage and a … at a crossroad with a much higher wage and a shrinking work force. Future growth by necessity would have to depend more …. In terms of drivers of innovation growth, we find that embracing expanded market opportunities in the world economy and …

th century Britain as either detrimental, or as neutral for economic growth. In this paper, we argue instead that Britain …

We find disparate trend variation in TFP and labor growth across major U.S. production sectors over the post …-WWII period. When aggregated, these sector-specific trends imply secular declines in the growth rate of aggregate labor and TFP … amplify the consequences of changing sectoral trends on GDP growth. Thus, in some sectors, changes in TFP and labor growth …

We study why capital accumulation in Argentina was slow in the 1990s and 2000s, despite high productivity growth and …

This paper reviews the evolving literature that links financial development, financial crises, and economic growth in …-run growth and another studying its impact on volatility and crisis—has given way to a more nuanced approach that analyzes the …-off between higher economic growth and higher crisis risk; and its main conclusion is that, for at least middle-income countries …

not with higher productivity or profitability. The evidence suggests that intangible investment is associated with growth …

Aggregate productivity growth in the U.S. has slowed down since the 2000s. We quantify the importance of differential … productivity growth across occupations and across industries, and the rise of computers since the 1980s, for the productivity … productivity growth, reducing their contributions toward aggregate productivity growth, resulting in its slowdown. We find that …