We study how total factor productivity (TFP), energy prices, and the Great Moderation are linked. First we estimate a … negatively affected productivity. This spillover has since disappeared. Second, we show that within the framework of a dynamic … stochastic general equilibrium model, the disappearance of this energy-productivity spillover generates the significantly lower …

in the U.S. private sector affect economic performance - productivity, profitability, investment, and growth. Freeman and … Medoff are clearly correct that union productivity effects vary substantially across workplaces. Their conclusion that union … productivity effect near zero. Their speculation that productivity effects are larger in more competitive environments appears to …

mainly on two important contributors – Mancur Olson and Thorstein Veblen. The first based his theory on neoclassical …

often inconsistent with profit maximization or imply implausibly large profits. The puzzle arises because popular estimators … the restrictions imposed by profit maximization (cost minimization) so that estimators are inconsistent or poorly … heterogeneity in productivity and factor prices symmetrically. The strength of the proposed estimator is illustrated by Monte Carlo …

Productivity growth has been slow in many continental European countries over the last few decades, especially in … product market competition experience higher rates of productivity growth. We also find weak evidence for the notion that in … Germany?s bank-based system of internal control, ownership concentration is harmful for productivity growth. …

productivity, the skill mix of the workforce and wages using micro data for the U.S. and Germany. We find support to the idea that … is evidenced in a greater dispersion in productivity and related key business choices. We also find that the mean impact … of adopting new technology on productivity and wages is greater the in U.S. than in Germany. …