Market democracies struggle with economic insecurity and growing inequality, presenting new threats to democracy. The … revival of “political economy” offers a frame for understanding the relationship between productivity and justice in market … productivity and power, both in the short and long term. The outcome of this struggle shapes the highly divergent paths that …

labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … productivity. …

labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity and …

labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … productivity. …

sensitive, however, to our benchmark assumption that industry prices are independent of productivity. When we allow for the …

time. A key question is, has the productivity distribution also spread out across worker skill levels over time? Using our … calculations of productivity by skill level for the U.S., we show that the distributions of both wages and productivity have spread … out over time, as the right tail lengthens for both. We add OECD countries, showing that the wage-productivity correlation …

The paper analyses productivity driven by product-innovation duration, business (organizational and marketing … analysis account for the endogeneity of productivity and innovation decisions. Also including the quality of intangible workers … all shown to improve productivity. However, technological change also shortens the duration of product innovation …

the technology of their time to gather information for better governance. Our challenge is no different today, but it is …. Accelerating Democracy shows how to adapt democracy to new information technologies that can enhance political decision making and …