Labor productivity levels in Bulgaria lag well behind that in the EU, weighing on the convergence process. Stronger … productivity growth would allow Bulgaria to close the income gap with the EU average more quickly and to alleviate the structural … productivity suggest that for Bulgaria closing the gap with EU standards in the areas of institutional and infrastructure quality …

Over the past decade, productivity-adjusted wages have grown at a slower pace in Japan than in other rich countries … felt in all advanced economies. Reforms aimed at increasing productivity in services and reducing gaps in employment … protection and benefits between regular and nonregular workers could help put Japan's wages on an upward trajectory in the medium …

productivity and unemployment differentials. …

growth from total factor productivity has been minor, while the high population growth poses a significant challenge to …

This paper employs newly constructed measures for productivity differentials, external imbalances, and commodity terms …-based real exchange rate and commodity terms of trade. The estimated impact of productivity growth differentials between traded …

This paper investigates the role played by total factor productivity (TFP) in the tradable and nontradable sectors of …

productivity and monetary policy. We identify a condition under which these asset prices become more volatile without affecting the … to productivity shocks. The model we set up does well at matching second moments of exchange rate and equity returns for …

measures differences in labor productivity (the Ricardian measure), and the other differences in total factor productivity (the …