-term growth. This setup may also be used to explain the accelerated productivity that followed the bursting of notable technology …

This paper demonstrates that increased optimism about future productivity can generate an immediate economic expansion …, expectations of higher future productivity raise the demand for new vintages of capital relative to old capital. Capital …

beeinflussen, strategisch oder auch absichtslos. -- Wirtschaftswachstum ; Nachfrage ; Nachfragestruktur ; neoklassisch …

? In this paper, we search for an answer in the neoclassical growth model. We use productivity as measured by Solow … residual as our exogenous shock. Our idea is to quantitatively measure to what extent fluctuations in productivity can account … for observed fluctuations in macro economic aggregates in India. We find that exogenous fluctuations in productivity can …

for each 4-digit SIC code. Our framework uses the Petrin and Levinsohn (2008) definition of aggregate productivity growth …

This paper demonstrates that increased optimism about future productivity can generate an immediate economic expansion …, expectations of higher future productivity raise the demand for new vintages of capital relative to old capital. Capital …

productivity in advanced and emerging market and developing economies (EMDEs). This paper uses a new method to extract technology … shocks that excludes these influences, resulting in lasting improvements in labor productivity. The same methodology in turn … is used to identify a stylized example of the effects of a demand shock on productivity. Technology innovations are …

productivity in advanced and emerging market and developing economies (EMDEs). This paper uses a new method to extract technology … shocks that ex- cludes these in uences, resulting in lasting improvements in labor productivity. The same methodology in turn … is used to identify a stylized example of the effects of a demand shock on productivity. Technology innovations are …

and accumulated organizational capital with those of the productivity slowdown. The model is capable of reproducing the …