Despite massive digitization efforts, the German economy has experienced a marked slowdown in its productivity growth … that commenced around 2005. The successful integration of five million predominantly low-productivity workers into the … labor market induced an attenuating effect on productivity growth. This does not explain the slowdown entirely, however. As …

instead to demand factors as the main force behind the strong positive comovement between output and labor input measures …

positive technology shock, and (c) measured productivity increases temporarily in response to a positive demand shock. More …Using data for the G7 countries, I estimate conditional correlations of employment and productivity, based on a …) technology shocks appear to induce a negative comovement between productivity and employment, counterbalanced by a positive …

We develop a new econometric framework that simultaneously allows recovering heterogeneity in demand, TFP and markups … that are implicit in previous firm-level productivity estimation approaches. We use Belgian firms production data to … quantify TFP, demand and markups and show how they are correlated among them, across time and with measures obtained from other …

We revisit UK's poor productivity performance since the Great Recession by means of both a suitable theoretical … framework and firm-level prices and quantities data for detailed products allowing us to both measure demand, and its changes … over time, and distinguish between quantity total factor productivity (TFP-Q), i.e., the capacity to turn inputs into more …

We estimate the demand for a videocalling technology in the presence of both network effects and heterogeneity. Using a …

varies across countries (the fickle fringe), the interdependence in demand or production technology making vectors of … with the size of the destination market and with the ability to match demand, but is inversely related to market …

productivity. Agents are hit by heterogeneous productivity shocks, they observe their own productivity and a noisy public signal … regarding aggregate productivity. The shock to this public signal, or quot;news shock,quot; has the features of an aggregate … demand shock: it increases output, employment and inflation in the short run and has no effects in the long run. The dynamics …

Total Factor Productivity (TFP), the empirical evidence on agglomeration externalities rests on measures obtained using firm … suggests that the revenue productivity advantage of denser areas is mainly driven by higher prices charged rather than … because they sell higher demand/quality products. Finally, while the correlation between firm revenue TFP and firm size is …

are not. We then describe the patterns found in the data and argue that firm and market specific demand shocks help …