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Traditionally, shocks to total factor productivity (TFP) are considered exogenous and the employment response depends … reductions in TFP growth. These results have important policy implications, including that low productivity growth in some …
Persistent link: https://www.econbiz.de/10011242298
the features that hamper job growth, investment, and productivity growth. This paper analyzes the impact of Basel III …
Persistent link: https://www.econbiz.de/10011243347
This Selected Issues paper on Papua New Guinea reports that although economic cycles have generally paralleled the many mineral sector booms and busts, the downward trend in growth rates may reflect other factors. Papua New Guinea’s economy is dominated by a large labor-intensive...
Persistent link: https://www.econbiz.de/10011243726
potential growth, largely reflecting a decline of total factor productivity (TFP) growth; (ii) by contrast, trend growth for the …
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Evidence suggests that productivity would be much higher and unemployment much lower if the supply of and demand for …
Persistent link: https://www.econbiz.de/10015062320
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