Despite massive digitization efforts, the German economy has experienced a marked slowdown in its productivity growth … that commenced around 2005. The successful integration of five million predominantly low-productivity workers into the … labor market induced an attenuating effect on productivity growth. This does not explain the slowdown entirely, however. As …

How do international labor markets respond to a technology shock and what is the main transmission channel across …

Since at least the mid-2000's, many advanced economies have experienced low productivity growth. This development is … often related to the declining productivity gains at the technology frontier, which is commonly assumed to be determined by … the U.S. We challenge this explanation by studying the effects of changes in U.S. technology on the productivity level in …

This paper investigates the effects of public investment in infrastructure on private output for Germany. Using a … intervals computed following the bootstrap procedure. Our results suggest that the effect of public investment in infrastructure … is positive on GDP and private investment while the labor market is negatively affected. However, the size of the …

, however, co-move with the business cycle; their correlation with labor market outcomes should therefore not be interpreted …

identified shock has contributed to the business cycle fluctuations. - Business cycle accounting ; dynamic stochastic general …