the pronounced worsening of total factor productivity. The paper is rounded out by estimates of some measures of wage …

In spite of the widespread use of the concept of potential output in economic theory and empirical applications as well …

, coupled with sluggish total factor productivity and investment trend growth, contributes to the decline. Our results highlight …

This paper uses a long time series of German employment data to test the theory of Ngai & Pissarides (2007). The theory … productivity (TFP) in the two sectors. To test the theoretical predictions, I use the "Establishment History Panel" together with … sectoral data on total factor productivity. The results confirm the theoretical predictions, i.e. they show a negative …

This paper uses a long time series of German employment data to test the theory of Ngai & Pissarides (2007). The theory … productivity (TFP) in the two sectors. To test the theoretical predictions, I use the "Establishment History Panel" together with … sectoral data on total factor productivity. The results confirm the theoretical predictions, i.e. they show a negative …