Since at least the mid-2000's, many advanced economies have experienced low productivity growth. This development is … often related to the declining productivity gains at the technology frontier, which is commonly assumed to be determined by … the U.S. We challenge this explanation by studying the effects of changes in U.S. technology on the productivity level in …

productivity depends on their age through the build-up of labour market experience and the depreciation of human capital. We make … wisdom following an increase in longevity, depending on the corresponding change in the age-productivity profile. …