inequality, and higher productivity growth through automation. In this paper we critically re-assess these predictions by (i … aggregate demand. A second is that the predictions of AI causing massive job losses and faster growth in productivity and GDP … growth and productivity is stagnating and inequality is rising. Our paper provides a theoretical explanation of this in the …

Wages and productivity represent two of the most relevant variables to consider in economic development. Given the low … productivity levels that emerging countries reveal, the accumulation of productive capabilities and a narrower dispersion across … sectors would enable emerging countries to overcome the middle-income trap. Y et, this positive trend in productivity should …

Wages and productivity represent two of the most relevant variables to consider in economic development. Given the low … productivity levels that emerging countries reveal, the accumulation of productive capabilities and a narrower dispersion across … sectors would enable emerging countries to overcome the middle-income trap. Yet, this positive trend in productivity should …

knowledge sector is bounded, as productivity increases, the economy moves from a Solovian zone where wages increase with … productivity, to a Marxian zone where they paradoxically decline with productivity. This is because as consumption of a given good … more unevenly distributed than productivity, technical progress always increases inequality. Redistribution from profits to …

taxation be structured to improve productivity, incentivize innovation, and ultimately increase welfare? We study these … their productivity and are subject to collateral constraints. The stationary equilibrium features heterogeneous returns and … misallocation of capital. We show that increasing the wealth tax increases aggregate productivity. The gains result from the "use …

This paper studies the short-term and long-term consequences of the COVID-19 pandemic for productivity in Europe … exercise. Productivity trends during the COVID-19 pandemic differed from past trends. Labour productivity per hour worked … temporarily increased, while productivity per employee declined across sectors given the widespread use of job retention schemes …