The paper addresses the topic of an overall long-term productivity slowdown in labor productivity for a panel of 25 developed countries. Besides studying individual long-term trends of single countries using filtering techniques we also test for multiple structural breakpoints in the long-term...

The paper addresses the topic of an overall long-term productivity slowdown in labor productivity for a panel of 25 developed countries. Besides studying individual long-term trends of single countries using filtering techniques we also test for multiple structural breakpoints in the long-term...

This paper addresses the issue of estimating and forecasting productivity growth trends in the US and Germany from the perspective of a business cycle researcher who wants to use the available information in time series of aggregate labor productivity to derive a model for short- and/or...

This paper addresses the issue of estimating and forecasting productivity growth trends in the US and Germany from the perspective of a business cycle researcher who wants to use the available information in time series of aggregate labor productivity to derive a model for short- and/or...

This paper addresses the issue of estimating and forecasting productivity growth trends in the US and Germany from the perspective of a business cycle researcher who wants to use the available information in time series of aggregate labor productivity to derive a model for short- and/or...

Main description: Seit geraumer Zeit gibt es eine lebhafte Diskussion über die Wirksamkeit von Strukturanpassungs- und Stabilisierungsprogrammen des Internationalen Währungsfonds in Entwicklungsländern. Die dabei vertretene Position des "Washington Consensus" setzt auf Stabilisierung,...

Productivity growth and in particular the significant acceleration of productivity growth in the US economy in the second half of the 1990’s, raised high expectations that the massive investment in ICT-capital goods had finally had its impact on the whole US economy. Numerous growth accounting...