Baily, Martin Neil; Bartelsman, Eric J.; Haltiwanger, John - In: The Review of Economics and Statistics 83 (2001) 3, pp. 420-433
A longstanding issue in empirical economics is the behavior of average labor productivity over the business cycle. This paper provides new insights into the cyclicality of aggregate labor productivity by examining the cyclical behavior of productivity at the plant level as well as the role of...