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 …

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 …

rate and the unemployment rate? In the odel, these fluctuations are driven by movements in productivity. This paper … inestigates the sources of productivity fluctuations that are commonly interpreted s technology shocks. I estimate different types … correlation of productivity with unemployment and job finding that is conditional on both technology and nontechnology shocks. …

productivity in the rest of the economy. To separate exogenous gains in ICT from other technological progress, we use the relative …

How do international labor markets respond to a technology shock and what is the main transmission channel across …

aggregate hours worked respond positively to a positive technology shock. Two novel aspects of the analysis are the scope (14 … hours. We show that the short-run response of aggregate hours to a positive technology shock is remarkably similar across …

a positive permanent technology shock along with a rise in labor productivity that are in line with what the data … correlation between hours worked and labor productivity. In this paper, I show that this conjecture is not necessarily correct. In … the basic RBC model, I find that hours worked fall and labor productivity rises after a positive permanent technology …

This paper examines the effects of expansionary technology shocks (shocks that increase labor productivity and factor … inputs) as opposed to contractionary technology shocks (shocks that increase labor productivity, but decrease factor inputs … productivity and production inputs. In addition, these shocks trigger different reactions of certain variables, which can help …

parameter restrictions. A cointegration analysis for the unified Germany reveals a long rum relationship between real wages …, productivity and unemployment which is interpreted as a wage setting relation. From a Subset VECM we identify meaningful structural …. We compare these results to results from a standard SVECM and find that, using the Subset VECM reduces estimation …