Theoretical predictions of the effect of TFP growth on employment are ambiguous, and
depend on the extent to which new technology is embodied in new jobs. We estimate a …

Theoretical predictions of the impact of total factor productivity (TFP) growth on
unemployment are ambiguous, and depend on the extent to which new technology is …

We find that technology's effect on employment varies greatly across manufacturing
industries. Some industries exhibit a temporary reduction in employment in response to a …

Technological progress has played a central role in economic growth, income distribution,
and unemployment. Macroeconomics, both theories and empirics, has so far shed light on …

The rise in the growth rate of productivity has been the key economic fact in the US economy
during the past decade. Faster productivity growth has raised the growth rate of real …

In steadystate AC/C= AA/A, so only the first erm remains: measured TFP growth exceeds
true TFP growth. Out of steady state, the net effect depends on the relation of the growth of …

The recent slowdown in the growth of productivity in the United States has attracted
considerable attention. The deceleration has been attributed to many factors, including a …

Total factor productivity (TFP) of 14 manufacturing sectors in France has kept up with that of
the United States during 1980-2002 and remained well above that of the United Kingdom …

Two recent papers have made compelling cases that mismeasurement of prices of high tech
products cannot explain the slow pace of labor productivity growth that has prevailed since …

The relationship between productivity, technology and economic growth has been debated
extensively in the endogenous growth, growth accounting, New Economy and policy …