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Measuring Aggregate Productivity Growth Using Plant-Level Data
Petrin, Amil - 2005
our measure into technical efficiency and reallocation components. This requires us to confront the "non …
Persistent link: https://www.econbiz.de/10012466784
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The Importance of Education and Skill Development for Economic Growth in the Information Era
Hulten, Charles R. - 2017
in the U.S. economy accords a relatively small role to education. This result seems at variance with the revolution in …
Persistent link: https://www.econbiz.de/10012453572
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Supplier Churn and Growth : A Micro-to-Macro Analysis
Baqaee, David; Burstein, Ariel T.; Duprez, Cédric; … - National Bureau of Economic Research - 2023
We investigate the effects of input variety creation and destruction on both micro- and macroeconomic outcomes using detailed data from Belgium. We estimate that marginal costs rise by 0.6% for every 1% of suppliers lost. We show that this elasticity measures the area under the input demand...
Persistent link: https://www.econbiz.de/10014287332
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The Aftermath of the 1992 ERM Breakup : Was There a Macroeconomic Free Lunch?
Gordon, Robert J. - 1999
This paper examines the macroeconomic aftermath of the 1992 breakdown of the European Exchange Rate Mechanism (ERM). The economic performance of six leaver' nations is compared with five stayer' nations that maintained a roughly fixed parity with the Deutsche Mark. Recent writing about...
Persistent link: https://www.econbiz.de/10012471843
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Stochastic Growth in the United States and Euro Area
Ireland, Peter N. - 2011
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 …
Persistent link: https://www.econbiz.de/10012461976
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Further Comments on The Impact of the Asian Miracle on the Theory of Economic Growth
Fogel, Robert W. - 2010
rates and an increase in the dependency ratio. The third issue is the projection of long-term U.S. growth in GDP at a rate …
Persistent link: https://www.econbiz.de/10012462930
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Business Cycles in the Euro Area
Giannone, Domenico - 2008
and US observed developments. The gap between US and euro area GDP per capita level has been 30% on average since 1970 and …
Persistent link: https://www.econbiz.de/10012464118
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On Current Account Surpluses and the Correction of Global Imbalances
Edwards, Sebastian - 2007
realignment of world growth rates -- with Japan and Europe growing faster, and the U.S. growing more slowly -- is likely to solve … the Euro Zone growing faster, and the U.S. moderating its growth -- would only make a modest contribution towards the …
Persistent link: https://www.econbiz.de/10012465752
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The Effects of the Ageing European Population on Economic Growth and Budgets : Implications for Immigration and Other Policies
Feldstein, Martin S. - 2006
The ageing of the population presents a major fiscal challenge for the countries of Europe. The combination of increased longevity and a reduced birth rate will directly reduce the growth rates of the European economies by slowing the growth of the capital stock and by weakening the productivity...
Persistent link: https://www.econbiz.de/10012465924
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Will China Eat Our Lunch or Take Us Out to Dinner? Simulating the Transition Paths of the U.S., EU, Japan, and China
Fehr, Hans - 2005
, and economic transition paths of China, Japan, the U.S., and the EU. Each of these countries/regions is entering a period …
Persistent link: https://www.econbiz.de/10012467008