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labor, which results in lower productivity, investment, and value added. Without a rise in zombie credit, inflation in … Europe would have been 0.4 percentage point higher post-2012. …
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The euro area experienced a slowdown in output and Total Factor Productivity growth in the 1990s compared to the 1980s …
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technologies (ICT) for developments in productivity growth in the euro area. On the basis of the available data, there is evidence … overall productivity growth. This implies that there is no reason to believe that potential output growth in the euro area has …
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continental Europe. A time-varying factor-augmenting production function (mimicking "directedʺ technical change) with a below …
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communication technologies (ICT), goes some way towards explaining the revival of productivity in the USA, before the dotcom bubble … Europe falls some way behind that of the USA, it has nonetheless grown significantly. A fundamental explanation for the …From 1950 to 1970, labor productivity levels converged between the United States ndash; considered to be the global …
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