This paper describes an attempt to build a regression-based system of labor productivity equations that incorporate the ….S. economy. Builders of regression-based forecasting models have long had difficulty finding labor productivity equations that … productivity. Theory dictates that this causation is driven by the effect of traditional capital deepening as well as technological …

employee voice, have been a significant component of the turnaround in productivity growth in the United States during the 1990 …s. Our work goes beyond measuring the impact of computers on productivity and finds that these types of workplace … innovation appear to explain a large part of the movement in multi-factor productivity in the United States over the period 1993 …

-normally distributed idiosyncratic productivity uncertainty and Leontief utilization choice yields an aggregate production function that is … about the productivity of an investment project typically reduces investment at the micro level, but it raises aggregate … hours and a medium-term expansion in the growth rate of labor productivity. …

Shifts in the long-run rate of productivity growth are difficult, in real time, to distinguish from transitory … fluctuations. We analyze the evolution of forecasts of long-run productivity growth during the 1970s and 1990s and examine in a … dynamic general equilibrium model the consequences of learning on the responses to shifts in the long-run productivity growth …

-2000 period. An aggregate TFP measure based on these series appears quite similar to the multifactor productivity measure … constructed by the BLS. We find statistical evidence of structural breaks in the growth rate of our productivity measures in 1973 … and 1995. The first of these breaks appears to be due to an economy-wide productivity slowdown, while the second is …

expenditures increase measured productivity. These departures provide a novel quantitative theory to explain recessions like those …

Nation's standard of living in the long term depends on its ability to attain a high and rising level of productivity … in the industries in which its firms compete. Good productivity not only supports high levels of income but allows …

productivity or employment conditions. Moreover these conditions tend to be persitent across time, weakening the belief that once …