the most recent members contrasts with that of the economies of southern Europe, which have not met expectations. However …-convergence trap" long before the euro years. We also provide stylised facts on: (i) the central role of total factor productivity in …

nearly one third of euro area labour productivity growth. The results point to a significant decline in the contribution of … total factor productivity to euro area growth …

for monetary policy, such as output, productivity, investment, employment and prices. This paper takes stock of … through a number of channels, including productivity, employment, competition and prices; (iii) digitalisation raises … productivity and lowers prices, similarly to other supply/technology shocks; (iv) this has implications for monetary policy and its …

the implications of digitalisation for measurement, productivity, labour markets and inflation, as well as more recent …, aggregate productivity growth has decreased in most advanced economies since the 1970s. However, it is likely that without the … spread of digital technologies the productivity slowdown would have been even more pronounced, and the recent acceleration in …

In this work, we analyzed the export- biased productivity, wage growth and the ULCP in Turkey. Then, by using input … compatible under the export- biased productivity growth in Turkey though its relatively high inflation. That means Maastricht …

This paper computes sectoral contributions to real labour productivity growth in Malta during the two decades since … 2000. The aim is to give an account of the sectoral developments affecting Malta's productivity growth in the twenty years … technique developed by Tang and Wang (2004), which allows for the decomposition of sectoral productivity growth into efficiency …