from country industry variation in the adoption of robots. Our model also implies that the productivity implications of … aging are ambiguous when technology responds to demographic change, but we should expect productivity to increase and labor …

The study analyses the relationships between capital dynamics, productivity, global value chains and foreign direct … capital for productivity and GVC integration. We examine the extent of underinvestment in ICT in the EU relative to other …

-convergence trap" long before the euro years. We also provide stylised facts on: (i) the central role of total factor productivity in …

the labor productivity of workers across the age distribution, while one-third arises from slower labor force growth. Our …

This study examines how aging affects labor productivity using industry-level data of Japan and Korea. The analysis … shows that, for both Japan and Korea, aging has positive effects on labor productivity when older workers are working in … average, older workers exert positive effects on labor productivity across all industries when they are low-educated in Japan …

demographics and the productivity of those who will still be active during the up-coming period of demographic ageing. As … productivity is difficult to investigate at a micro level, the paper builds on a large macro-data panel covering developed as well … output per worker as well as on total factor productivity (TFP). The results confirm earlier findings by Feyrer (2007 …

We examine the relationship between lax monetary policy, access to high-yield bond markets and productivity in the US … higher risk profile. Since the relationship between credit ratings and firm-level productivity is U-shaped, the aggregate … effect on productivity is a priori unclear. Turning to the real economy, we thus analyse whether this additional access to …

Productivity across European regions is related to three types of networks that mediate R&D-related knowledge … co-patenting relations appear to affect local productivity directly, regions that link up to innovative leader regions … via imports gain in productivity only when they have relatively high levels of human capital and absorptive capacity. From …

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 …