Why is Productivity Growth in the Euro Area so Sluggish?
نویسندگان
چکیده
منابع مشابه
O10: Why Preschool Education Programs Is So Important
Neurological development is largely a result of the learning that takes place starting at birth and during the earliest years of life. Child Care and Preschool Education Programs are key to predicting ultimate success in school and life. Children who attend preschool or other early education programs have enhanced cognitive, verbal, and social development (which is maintained into the first few...
متن کاملExport Strategies of New Exporters: Why is Export Expansion Along the Extensive Margins so Sluggish?∗†
Recent theoretical models of international trade with heterogeneous firms feature instantaneous adjustment of margins of exports to firm and market characteristics, and equality of distributions of margins of exports between new and incumbent exporters. By using the population of Slovenian firms and their transaction-level trade data we document large differences between these firms that cannot...
متن کاملo10: why preschool education programs is so important
neurological development is largely a result of the learning that takes place starting at birth and during the earliest years of life. child care and preschool education programs are key to predicting ultimate success in school and life. children who attend preschool or other early education programs have enhanced cognitive, verbal, and social development (which is maintained into the first few...
متن کاملWhy Did Productivity Fall So Much During the Great Depression?
This study assesses five common explanations for the large decline in U.S. total factor productivity (TFP) during the Great Depression: changes in capacity utilization, factor input quality, and production composition; labor hoarding; and increasing returns to scale. The study finds that these factors explain less than onethird of the 18 percent TFP decline between 1929 and 1933. The rest of th...
متن کاملStochastic Growth in the United States and Euro Area
This paper estimates, using data from the United States and Euro Area, a two-country stochastic growth model in which both neutral and investment-specific technology shocks are nonstationary but cointegrated across economies. The results point to large and persistent swings in productivity, both favorable and adverse, originating in the US but not transmitted to the EA. More specifically, the r...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2004
ISSN: 1556-5068
DOI: 10.2139/ssrn.613967