, which in turn feeds back to slower productivity growth. During the decade ending in 2014:Q4, U.S. real GDP grew at only 1 … productivity growth combine diminishing returns that have set in following the ICT revolution of the 1996-2004 "dot.com" era with a … activity among youth. While future productivity growth will be slower than before 2004, it will still continue as in the past …

years of relatively rapid productivity growth between 1890 and 1972. Once the spin-off inventions from IR #2 (airplanes, air … conditioning, interstate highways) had run their course, productivity growth during 1972-96 was much slower than before. In …

This paper shows how misleading is the facile contrast of Europe following a path of high productivity growth, high … structural shocks may initially create a positive tradeoff between productivity and unemployment, they set in motion a dynamic … theoretical contributions of this paper are to show how a productivity-unemployment tradeoff might emerge and how it might …

population. Future growth will be 1.3 percent per annum for labor productivity in the total economy, 0.9 percent for output per …, because that slowdown already occurred four decades ago. In the eight decades before 1972 labor productivity grew at an …

This paper provides three perspectives on long-run growth rates of labor productivity (LP) and of multi …-factor productivity (MFP) for the U. S. economy. It extracts statistical growth trends for labor productivity from quarterly data for the … in early 1962 down to 1.25 percent in late 1979 and recovered to 2.45 percent in 2002. Our results on productivity trends …

between the growth rates of real median household income and of private sector productivity. This paper shows that a …