", as proxied by productivity growth shocks - in line with the Real Business Cycle framework -, and we provide empirical … evidence of a "demand granularity", based on investment growth shocks instead. The role of demand in explaining aggregate …

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

A method for analyzing productivity convergence based on frontier production functions is proposed. It is examined …

productivity growth. This paper offers a quantitative study on the link between uncertainty and low productivity growth. Firstly … Recession. Secondly, to investigate the effect of uncertainty on productivity growth dynamics, I present a novel general … equilibrium endogenous growth model with heterogeneous firms that undertake intangible capital investment subject to non …