advantage of the possibility of intertemporal subsitution in order to engage in productivity-improving activities during … productivity, both in the short and long run, and the short-run impact is stronger in those countries where fluctuations are more …

equality of wage growth and productivity growth is a condition for constant employment. …This Paper studies the impact of wage growth on the evolution of employment in an intertemporal general …-equilibrium model with endogenous productivity growth. For real wage growth above laissez-faire levels, we obtain steady …

This paper shows how misleading is the facile contrast of Europe following a path of high productivity growth, high … shocks may initially create a positive trade-off between productivity and unemployment, they set in motion a dynamic path of … contributions of this paper are to show how a productivity-unemployment trade-off might emerge and how it might subsequently …

performance. Our analysis has two special features. First, apart from the two labour market states - employment and unemployment … that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in …

To generate big responses of unemployment to productivity changes, researchers have reconfigured matching models in … these redesigned matching models increase responses of unemployment to movements in productivity by diminishing the …

We examine the relationships between productivity growth, IT investment and organisational change (DO) using UK firm … effect on productivity growth, (c) non-IT investment and DO do not interact in their effect on productivity growth. Some new …

This paper provides three perspectives on long-run growth rates of labor productivity (LP) and of multi …-factor productivity (MFP) for the U. S. economy. It extracts statistical growth trends for labor productivity from quarterly data for the …

measurement error of the Solow residual (Solow 1957) as a measure of total factor productivity (TFP) growth when the capital stock …