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The pre-Great Recession slowdown in productivity
Cette, Gilbert; Fernald, John G.; Mojon, Benoît - 2016
Persistent link: https://www.econbiz.de/10011566810
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Productivity in the world economy during and after the pandemic
Fernald, John G.; Li, Huiyu - 2023
Persistent link: https://www.econbiz.de/10014391303
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World productivity: 1996-2014
Esfahani, Mehrdad; Fernald, John G.; Hobijn, Bart - 2020
Persistent link: https://www.econbiz.de/10012261508
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The impact of COVID on potential output
Fernald, John G.; Li, Huiyu - 2021
Persistent link: https://www.econbiz.de/10012548549
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The impact of COVID on productivity and potential output
Fernald, John G.; Li, Huiyu - 2022 - Draft: September 15, 2022
Persistent link: https://www.econbiz.de/10013387802
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Information and communications technology as a general purpose technology: evidence from U.S. industry data
Basu, Susanto; Fernald, John G. - In: Economic Review (2008), pp. 1-15
productivity in the United States since the mid-1990s. Stories of ICT as a general purpose technology (GPT) suggest that measured … total factor productivity (TFP) should rise in ICT-using sectors (reflecting either unobserved accumulation of intangible …
Persistent link: https://www.econbiz.de/10005352473
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Why is productivity procyclical? Why do we care?
Fernald, John G.; Basu, Susanto - Federal Reserve Board (Board of Governors of the … - 1999
Productivity rises in booms and falls in recessions. There are four main explanations for procyclical productivity: (i … are particularly important in explaining procyclical productivity. We argue that the reallocation effects that we identify …
Persistent link: https://www.econbiz.de/10005368278
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Aggregate productivity and the productivity of aggregates
Basu, Susanto; Fernald, John G. - Federal Reserve Board (Board of Governors of the … - 1995
Explanations of procyclical productivity playa key role in a variety of business-cycle models. Most of these models … aggregate productivity changes into several terms, each of which has an economic interpretation. However, many of these tenus …
Persistent link: https://www.econbiz.de/10005368386
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What do we know and not know about potential output?
Basu, Susanto; Fernald, John G. - Federal Reserve Bank of San Francisco - 2009
Potential output is an important concept in economics. Policymakers often use a one-sector neoclassical model to think about long-run growth, and often assume that potential output is a smooth series in the short run--approximated by a medium- or long-run estimate. But in both the short and long...
Persistent link: https://www.econbiz.de/10005498385
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Are apparent productive spillovers a figment of specification error?
Basu, Susanto; Fernald, John G. - Federal Reserve Board (Board of Governors of the … - 1994
manufacturing sector has little or no significant effect on the productivity of other sectors. Using value-added data, however, we …
Persistent link: https://www.econbiz.de/10005498771