the implications of digitalisation for measurement, productivity, labour markets and inflation, as well as more recent …, aggregate productivity growth has decreased in most advanced economies since the 1970s. However, it is likely that without the … spread of digital technologies the productivity slowdown would have been even more pronounced, and the recent acceleration in …

to productivity and monetary policy shocks. I allow the labor input to change both at the extensive margin and at the … sluggish response of inflation. I find that output and consumption show large and persistent responses to productivity and … creates an incentive for the firms to post vacancies and helps in achieving the relatively smooth behavior of wages over the …