Labor productivity (LP) in the United States has gone from being procyclical to acyclical since the mid-1980s. Using … industry-level data, this paper first shows that total factor productivity (TFP), which is LP net of capital deepening, has … reasons for the change in the cyclicality of productivity. By decomposing TFP into technical change and input utilization, it …

In "The Race between Man and Machine: Implications of Technology for Growth, Factor Shares, and Employment," Acemoglu … impact of AI on jobs, inequality, wages, labor productivity and long-run GDP growth are explored. …

recently. In particular, takeovers by foreign firms raise suspicions of technology theft and job cuts at the newly acquired … of positive effects emerge. With respect to takeovers of German companies by foreign investors, the productivity and … international, we find positive productivity and sales effects for relatively small companies investing abroad, and this …