Digitalisation can be viewed as a major supply/technology shock affecting macroeconomic aggregates that are important … through a number of channels, including productivity, employment, competition and prices; (iii) digitalisation raises … productivity and lowers prices, similarly to other supply/technology shocks; (iv) this has implications for monetary policy and its …

The productivity-enhancing effects of digitalisation have generated increased interest in the promotion of digital … productivity benefits of digitalisation in euro area countries. For example, a lack of strong institutions and governance … why the expected productivity benefits from digitalisation have not been fully achieved by now. Furthermore, the report …

the implications of digitalisation for measurement, productivity, labour markets and inflation, as well as more recent … digitalisation is likely to boost future productivity gains from digitalisation. Digitalisation has spurred greater automation, with …The digitalisation workstream report analyses the degree of digital adoption across the euro area and EU countries and …

The preparations for the introduction of the euro in 1999 involved the need for a new set of statistics for the euro … statistics. The reliability of the first releases - i.e. their stability in the process of later revisions - is an important … published statistical data releases. The analysis is carried out separately for GDP growth and its expenditure components, for …

In the euro area, there is mixed evidence that the GDP per capita of lower-income economies has been catching up with …-convergence trap" long before the euro years. We also provide stylised facts on: (i) the central role of total factor productivity in …

productivity costs. This shift will have varied implications for businesses, contingent upon their scale, access to financial … without displacing other initiatives, yet stringent climate regulations might impede the productivity ascent of … productivity disparities exist between top and bottom emitters within specific industries. The transition period poses a risk to a …

the predominant drivers of productivity growth in firms, with a focus on technology as a key determinant of aggregate … productivity in the medium-to-long run, such as globalisation, population ageing, climate change and digitalisation. Finally, the …The aim of this report is to foster a better understanding of past trends in, and drivers of, productivity growth in …

(GDP). Moreover, the data suggest that changing payment habits - the shift to electronic payments and in particular debit …