from country industry variation in the adoption of robots. Our model also implies that the productivity implications of … aging are ambiguous when technology responds to demographic change, but we should expect productivity to increase and labor …

The study analyses the relationships between capital dynamics, productivity, global value chains and foreign direct … capital for productivity and GVC integration. We examine the extent of underinvestment in ICT in the EU relative to other …

-convergence trap" long before the euro years. We also provide stylised facts on: (i) the central role of total factor productivity in …

aging on economic growth, it is important to consider the changes in the entire age distribution of demography. Our …, labor productivity, automation, and total factor productivity. We find that increasing life expectancy and labor … productivity benefit old age groups as they likely help older age groups contribute more positively to future growth. More …

lower labor force participation and productivity of older workers or because aging will create an excess of savings over …

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 across European regions is related to three types of networks that mediate R&D-related knowledge … co-patenting relations appear to affect local productivity directly, regions that link up to innovative leader regions … via imports gain in productivity only when they have relatively high levels of human capital and absorptive capacity. From …

inequality, and higher productivity growth through automation. In this paper we critically re-assess these predictions by (i … aggregate demand. A second is that the predictions of AI causing massive job losses and faster growth in productivity and GDP … growth and productivity is stagnating and inequality is rising. Our paper provides a theoretical explanation of this in the …