, Britain, France, Germany and Japan and proceeds to evaluate the hypothesis of a productivity bonus as postulated by many …Does the concept of General Purpose Technologies help explain periods of faster and slower productivity advance in … there was no generalized productivity boost from electrical power diffusion as postulated by many existing GPT models. The …

In this paper we emphasize the contribution of technical change, broadly defined, towards productivity growth in … explaining the relative East Germany-West Germany performance during the post-World War II era. We argue that previous work was … excessively focused on physical capital investments determining productivity differentials, which consequently led to an …

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

In this paper, we describe the historical co-evolution of innovation and economic growth in Germany since 1871. The …

Entrepreneurship in Germany has been stagnating. As a result, the effectiveness of technological innovation to improve … labor productivity weakened, which has been implicated in rising income inequality and poverty. In this paper we provide an … overview of technological innovation and labor productivity growth from 1871. From this we show that over the past three …

Technological innovation has historically contributed to inclusive economic growth in Germany. In more recent decades …, however, this contribution has weakened due to the declining impact of technological innovation on labor productivity growth … rising income and wealth inequalities. Between the mid-1990s and 2010 the rise in wage inequality was faster in Germany than …

Technological innovation has historically contributed to inclusive economic growth in Germany. In more recent decades …, however, this contribution has weakened due to the declining impact of technological innovation on labor productivity growth … rising income and wealth inequalities. Between the mid-1990s and 2010 the rise in wage inequality was faster in Germany than …

and stepped-up productivity. To this end, New Europe should enhance incentives for saving, introduce counter …

for monetary policy, such as output, productivity, investment, employment and prices. This paper takes stock of … through a number of channels, including productivity, employment, competition and prices; (iii) digitalisation raises … productivity and lowers prices, similarly to other supply/technology shocks; (iv) this has implications for monetary policy and its …