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. Productivity adjustments stabilise employment and the labour share in the long run: technological change allows firms to replenish …
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the real product wage and labor productivity at the industry level. I use two datasets of manufacturing industries: the EU … consistent with distributive theories whereby real wages keep apace of labor productivity growth, giving rise to long …
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The growth rate of total factor productivity seems to have increased recently, at least in the United States. Higher US … productivity growth may justify higher stock market valuations than in the past and thus herald an emerging New Economy. However …, the size of the estimated growth rate of total factor productivity depends on an assumption about the factor …
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In a recent paper, Bloom et al. (2020) find evidence for a substantial decline in research productivity in the U …
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