is highly disaggregated at the industry level with an input-output network structure. Measured productivity in the model …-specific, uncorrelated across industries. The bulk of the aggregate fluctuations, including those in aggregate measured productivity, are … data. Our second finding is that about half of the decrease in the cyclicality of measured productivity in the U.S. after …

We describe new experimental productivity statistics, Dispersion Statistics on Productivity (DiSP), jointly developed … and published by the Bureau of Labor Statistics (BLS) and the Census Bureau. Official BLS productivity statistics provide … information on aggregate productivity growth. Yet, a large body of research shows that within-industry variation in productivity …

the market during bad times. Second, when we look at total factor productivity (TFP), we don't see a clear "cleansing …

deteriorating productivity and rising exit rates. We find supportive evidence for other US-based stylized facts, such as young firms …