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productivity and employment growth across groups of countries within Europe. Throughout the postwar era until 1995 labor … document the productivity-employment tradeoff in the raw data, in regressions that control for the two-way causation between … productivity and employment growth, and we show that there is a robust negative correlation between productivity and employment …
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The dismal decade of 2010-19 recorded the slowest productivity growth of any decade in U.S. history, only 1.1 percent … per year in the business sector. Yet the pandemic appears to have created a resurgence in productivity growth with a 4 ….1 percent rate achieved in the four quarters of 2020. This paper provides a unified framework that explains productivity growth …
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