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-biased technical change for the flattening of productivity growth and effects on hours worked. The results show that more than 60 …. Furthermore, skill-biased technology shocks reduce hours worked, while skill-neutral technology shocks have a positive effect in … percent of the slowdown in productivity growth in Germany since the early 2000s can be explained by the SBTC development …
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correlation between hours worked and labor productivity. In this paper, I show that this conjecture is not necessarily correct. In … the basic RBC model, I find that hours worked fall and labor productivity rises after a positive permanent technology … a positive permanent technology shock along with a rise in labor productivity that are in line with what the data …
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.Work hours can be altered relatively speedily and flexibly, and this strongly relates to employment, labor productivity, and …Labor market responses to temporary aggregate demand shocks are commonly analyzed and discussed in terms of changes in … employment and unemployment. However, it can be seriously misleading to ignore the interrelated behavior of hours worked …
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