rates of total factor productivity in distinct consumption- and investmentgoods- producing technologies. This model … attributes most of the productivity slowdown of the 1970s to the consumption-goods sector; it suggests that a slowdown in the …

rates of total factor productivity in distinct consumption- and investmentgoods- producing technologies. This model … attributes most of the productivity slowdown of the 1970s to the consumption-goods sector; it suggests that a slowdown in the …

rates of total factor productivity in distinct consumption- and investment-goods-producing technologies. This model … attributes most of the productivity slowdown of the 1970s to the consumption-goods sector; it suggests that a slowdown in the …

rates of total factor productivity in distinct consumption- and investment-goods-producing technologies. This model … attributes most of the productivity slowdown of the 1970s to the consumption-goods sector; it suggests that a slowdown in the …

Spanish fluctuations exhibit two remarkable features: (1) productivity per hour worked is countercyclical; and (2) real … wage and productivity are negatively correlated, implying that wages tend to grow when productivity declines. The standard … understand productivity dynamic in Spain. The first exercise consists in an extended calibration of the Neoclassical model for …

U.S. labor and total-factor productivity growth slowed prior to the Great Recession. The timing rules explanations that …, consistent with a return to normal productivity growth after nearly a decade of exceptional IT-fueled gains. A calibrated growth … model suggests trend productivity growth has returned close to its 1973-1995 pace. Slower underlying productivity growth …

data. We show that a productivity simulation is capable of explaining initial real appreciation with subsequent …

data. We show that a productivity simulation is capable of explaining initial real appreciation with subsequent …