communications bandwidth, the development of a new economy, and any associated impact on macroeconomic growth and productivity …

This paper is an exploration in the relative performance and sources of productivity growth of U.S. private businesses … productivity database, we developed a general system to manage data. The paper describes this system and then applies it by … and, consequently, multifactor productivity disaggregated by industry and legal form of organization, and it analyzes the …

, we estimate a multinomial logit model whichconfirms several predictions of both the static trade-off theory and … thepecking-order theory as to the determinants of financing choices. Next, weuse ordered probit models to determine which …

We examine the relationship between lax monetary policy, access to high-yield bond markets and productivity in the US … higher risk profile. Since the relationship between credit ratings and firm-level productivity is U-shaped, the aggregate … effect on productivity is a priori unclear. Turning to the real economy, we thus analyse whether this additional access to …

Productivity growth has been slow in many continental European countries over the last few decades, especially in … product market competition experience higher rates of productivity growth. We also find weak evidence for the notion that in … Germany's bank-based system of internal control, ownership concentration is harmful for productivity growth. …

This paper studies the productivity impact of heterogeneous capital inputs of selected EU-15 member countries and of …