Despite massive digitization efforts, the German economy has experienced a marked slowdown in its productivity growth … that commenced around 2005. The successful integration of five million predominantly low-productivity workers into the … labor market induced an attenuating effect on productivity growth. This does not explain the slowdown entirely, however. As …

Despite massive digitization efforts, the German economy has experienced a marked slowdown in its productivity growth … that commenced around 2005. The successful integration of five million predominantly low-productivity workers into the … labor market induced an attenuating effect on productivity growth. This does not explain the slowdown entirely, however. As …

decomposition of total factor productivity growth …

decomposition of total factor productivity growth …

-neutral technology on hours worked, productivity and wages in a novel structural vector error correction framework identified by non …, productivity and wages. Structural inequality shocks also have a negative impact on hours worked, but additionally reduce … productivity. We find relevant effects of inequality both above and below the median wage. …