Cette, Gilbert; Pfister, Christian - In: International Productivity Monitor 8 (2004) Spring, pp. 27-36
While much attention has focused on the factors that brought about the so-called new economy, much less attention has … been paid to optimal policy responses following the establishment of the new economy. In the third article, Gilbert Cette … the term ‘new economy’ embodies both an acceleration in productivity growth and a disinflationary effect. Central banks …