Erber, Georg (contributor); Fritsche, Ulrich (contributor) - 2005
This paper addresses the issue of estimating and forecasting productivity growth trends in the US and Germany from the … productivity to derive a model for short- and/or long-term forecasts of labour productivity. We will use stability tests and a … for long-term forecasts and argue in favor of a near unit-root modelling. That implies a convergence of productivity …
