productivity (TFP) and then forecast trend output growth out to 2030 using a bottom-up approach based on forecasts that we build …

The OECD makes frequent use of the supply-side framework and associated measures of factor productivity, productive …

The OECD makes frequent use of the supply-side framework and associated measures of factor productivity, productive …

that the productivity of skilled workers has risen relative to the unskilled, but it is not easy to explain why the … aggregate labour productivity was stagnant during the 1980s. Alternatively, I have constructed a theoretical model which assumes … that the demand for white-collar workers increases not because their productivity grows faster, but because increasing …

measurement of labor input as well as determining the effect of productivity shocks on labor, but a number of questions remain. As … for measurement, the issue of schooling needs further work. As for calculating the long-run impact of labor productivity …-term identification delivers more reasonable results. -- technological progress ; business cycles ; hours worked ; labor productivity …

Historically, U.S. labor productivity (output per hour) and total factor productivity (TFP) rose in booms and fell in …, however, the procyclicality of productivity has waned. TFP has been roughly acyclical with respect to inputs, whereas labor … productivity has become significantly countercyclical. The slow pace of productivity growth after 2010, when the post …