During the four years 1995-99 U.S. productivity growth experienced a strong revival and achieved growth rates exceeding … Revolution even more important than the Second Industrial Revolution of 1860-1900, which made the golden age of productivity … growth possible. This paper dissects the recent productivity revival, subtracts out a cyclical component, and concludes that …

, 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 …

provided instead by a major rebound of productivity growth from the average of 1.2 percent over the past decade and 0.6 percent … estimate of the constant-inflation NAIRU, even if productivity growth experiences a rebound and the labor force participation …

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 … between 1860 and 2007. These include demography, education, inequality, globalization, energy/environment, and the overhang of …

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 …

-factor productivity (MFP) growth for the United States since 1870. The wave-like pattern starts with slow MFP growth in the late 19th …, there is no solution to the post-1972 productivity slowdown, and in the new data MFP growth during 1972-96 proceeds at a … boosting productivity growth, followed by a reopening that contributed to the post-1972 productivity slowdown. …