Showing 1 - 10 of 6,957
We investigate the controversial issue whether unemployment is related to productivity growth in the long run, using U …. Therefore the secular decline of unemployment since the mid 1990s indeed stemmed from higher average productivity growth. The … initial and final regimes are essentially equal, thus supporting theories that explain the productivity slowdown by a slow …
Persistent link: https://www.econbiz.de/10003827158
This paper investigates cross-country productivity convergence at a sectoral level using multivariate unit-root tests …
Persistent link: https://www.econbiz.de/10013321110
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 …
Persistent link: https://www.econbiz.de/10011897954
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 …
Persistent link: https://www.econbiz.de/10011900858
Persistent link: https://www.econbiz.de/10012387776
We investigate the controversial issue whether unemployment is related to productivity growth in the long run, using U …. Therefore the secular decline of unemployment since the mid 1990s indeed stemmed from higher average productivity growth. The … initial and final regimes are essentially equal, thus supporting theories that explain the productivity slowdown by a slow …
Persistent link: https://www.econbiz.de/10010265226
The study examines the effect of military expenditure on output in Nigeria both in the short-run and in the long-run period. In addition, it verified whether military expenditure is an economically non-contributive activity using ARDL bounds testing approach to co-integration. Results showed...
Persistent link: https://www.econbiz.de/10010492722
This study examines the relationship between U.S. output growth and its volatility over the period 1875:Q1 to 2008:Q2. We examine the data for outliers and apply corrections when found. Next, we search for possible effects of structural breaks in the growth rate and its volatility. In so doing,...
Persistent link: https://www.econbiz.de/10013065738
This paper investigates output convergence for the G7 countries using panel time-series techniques. We consider both the null hypotheses of no convergence and convergence. It is shown that inferences on output convergence depend on which one of the two null hypotheses is considered. Further, the...
Persistent link: https://www.econbiz.de/10012776207
Recently, Fagiolo et al. (2008) find fat tails of economic growth rates after adjusting for outliers, autocorrelation, and heteroskedasticity. This paper employs US quarterly real output growth, showing that this finding of fat tails may reflect the Great Moderation. That is, leptokurtosis...
Persistent link: https://www.econbiz.de/10012757983