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This study investigates the links existing between inflationary trend, agricultural productivity and economic growth in … from inflationary trend to agricultural productivity, unidirectional causality from agricultural productivity to economic …
Persistent link: https://www.econbiz.de/10011489612
) shifts with productivity growth. On this basis we estimate a dynamic system of macrolabour equations to evaluate the slope of …-run. Furthermore, during the stagflating 70s, the productivity slowdown contributed substantially to the increases in both unemployment … monetary expansion and productivity speedup of the roaring 90s were both responsible for the significant lowering of the …
Persistent link: https://www.econbiz.de/10013158034
) shifts with productivity growth. On this basis we estimate a dynamic system of macrolabour equations to evaluate the slope of …-run. Furthermore, during the stagflating 70s, the productivity slowdown contributed substantially to the increases in both unemployment … monetary expansion and productivity speedup of the roaring 90s were both responsible for the significant lowering of the …
Persistent link: https://www.econbiz.de/10014212432
Persistent link: https://www.econbiz.de/10010227950
Persistent link: https://www.econbiz.de/10013423721
Persistent link: https://www.econbiz.de/10012216366
Persistent link: https://www.econbiz.de/10003978688
The mechanism of hidden inflation in sowiet industrial growth statistics between 1928 and 1950 is descibed. Hidden inflation arose when new products were substituted for old ones. Substitution biases in Sowiet and Western growth estimates are compared; the extend of hidden inflation in the sowiet...
Persistent link: https://www.econbiz.de/10001467158
The mechanism of hidden inflation in Soviet industrial growth statistics between 1928 and 1950 is described. Hidden inflation arose when new products were substituted for old ones. Substitution biases in Soviet and Western growth estimates are compared; the extent of hidden inflation in the Soviet...
Persistent link: https://www.econbiz.de/10014156353
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 …
Persistent link: https://www.econbiz.de/10012254362