This paper shows that rising real estate prices reduce industry productivity, because they lead to a reallocation of … labor towards inefficient firms. This has significant negative consequences for aggregate industry productivity. I find that … industries with stronger growth in real estate value see a significant reduction in total factor productivity growth. A 10 …

' intensive margins. Short-run changes in work intensity and the longer-term goal of restoring full potential productivity …

We identify measures of shocks to total factor productivity and preferences from two real business cycle models and … measures. Our findings contrast with similar studies for other countries that question the exogeneity of either productivity or …

Total Factor Productivity (TFP) explains around a 70% of the business cycle fluctuations , yet its traditional …

Which structural reforms affect labour productivity growth in developing countries? This paper answers this question by … that financial reforms, trade reforms, and product market reforms boost labour productivity growth. By documenting the main … channels, our results reveal that the reforms studied stimulate labour productivity growth by inducing dynamic efficiency …

We describe new experimental productivity statistics, Dispersion Statistics on Productivity (DiSP), jointly developed … and published by the Bureau of Labor Statistics (BLS) and the Census Bureau. Official BLS productivity statistics provide … information on aggregate productivity growth. Yet, a large body of research shows that within-industry variation in productivity …