, greater wage inequality presents opportunities to increase aggregate productivity by concentrating market work among more … the result of a welfare gain of around 5% from the endogenous increase in productivity coupled with a loss of around 7 …

Productivity growth in the United States was considerably faster during 2000-03 than in the boom years of 1995 …-2000. This ebullient productivity performance raises numerous questions about its interpretation and its implications for the … justified on the basis of data through the end of 1999 in their claim that part of the post-1995 productivity growth revival …

This paper analyses the welfare implications of international spillovers related to productivity gains, changes in …-equilibrium model with monopolistic competition, drawing a distinction between productivity gains that enhance manufacturing efficiency …

cycles: during the first phase of each cycle output and productivity grow slowly or even decline, and it is only in the … second phase that growth starts in earnest. The historical record of productivity growth associated with electrification, and …

IT are more productive, and if heavier users of IT are indeed more productive, how does this increase in productivity …

productivity growth in the US economy can be attributed to a technological acceleration within durable manufacturing and to …-factor productivity in the 88% of the economy outside of durable manufacturing. In comparison with the Great Inventions of 1860-1900, the …

characteristics. The results suggest that institutional differences are important determinants of total factor productivity and that …