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Journal Article
Productivity in the Twelfth District
Wilson, Daniel J. (2002)
FRBSF Economic Letter

Report
Tests for measurement of service sector productivity
Englander, A. Steven (1989)
Research Paper , Paper 8906

Working Paper
The case of the missing productivity growth: or, does information technology explain why productivity accelerated in the United States but not the United Kingdom?
Srinivasan, Sylaja; Fernald, John G.; Basu, Susanto; Oulton, Nicholas (2003)
Solow's paradox has disappeared in the United States but remains alive and well in the United Kingdom. In particular, the U.K. experienced an information and communications technology (ICT) investment boom in the 1990s in parallel with the U.S., but measured total factor productivity has decelerated rather than accelerated in recent years. We ask whether ICT can explain the divergent TFP performance in the two countries. Stories of ICT as a 'general purpose technology' suggest that measured TFP should rise in ICT-using sectors (reflecting either unobserved accumulation of intangible ...
Working Paper Series , Paper WP-03-08

Journal Article
Productivity measurement issues in services industries: \\"Baumol's disease\\" has been cured
Bosworth, Barry P.; Triplett, Jack E. (2003-09)
This paper was presented at the conference "Economic Statistics: New Needs for the Twenty-First Century," cosponsored by the Federal Reserve Bank of New York, the Conference on Research in Income and Wealth, and the National Association for Business Economics, July 11, 2002. The authors document that labor productivity growth in the services industries after 1995 was a broad acceleration, not just confined to one or two industries, as has sometimes been supposed. They also examine the sources of labor productivity growth: a great expansion in services industry multifactor productivity ...
Economic Policy Review , Issue Sep , Pages 23-33

Journal Article
The recession, the recovery, and the productivity slowdown
Cogley, Timothy (1993)
FRBSF Economic Letter

Journal Article
Productivity gains: how permanent?
Jensen, Jeffrey L.; Bauer, Paul W.; Schweitzer, Mark E. (2001-09)
This Economic Commentary confirms that productivity growth has been unusually robust over the last few years and explores reasonable assumptions about the likely future pattern of productivity growth. These assumptions can generate substantially different productivity growth paths. Government forecasts, which guide the major tax and benefit programs, have been increased in recent years yet remain cautious.
Economic Commentary , Issue Sep

Working Paper
Understanding the effect of productivity changes on international relative prices: the role of news shocks
Wang, Jian; Nam, Deokwoo (2010)
The terms of trade and the real exchange rate of the US appreciate when the US labor productivity increases relative to the rest of the world. This finding is at odds with predictions from standard international macroeconomic models. In this paper, we find that incorporating news shocks to total factor productivity (TFP) in an otherwise standard dynamic stochastic general equilibrium (DSGE) model with variable capital utilization can help the model replicate the above empirical finding. Labor productivity increases in our model after a positive news shock to TFP because of an increase in ...
Globalization Institute Working Papers , Paper 61

Working Paper
Growing old together: firm survival and employee turnover
Quintin, Erwan; Stevens, John J. (2005)
Labor market outcomes such as turnover and earnings are correlated with employer characteristics, even after controlling for observable differences in worker characteristics. We argue that this systematic relationship constitutes strong evidence in favor of models where workers choose how much to invest in future productivity. Because employer characteristics are correlated with firm survival, returns to these investments vary across firm types. We describe a dynamic general equilibrium model where workers employed in firms more likely to survive choose to devote more time to productivity ...
Finance and Economics Discussion Series , Paper 2005-22

Journal Article
Multinationals make the most of IT
Contessi, Silvio (2008-06)
National Economic Trends , Issue Jun

Journal Article
The effect of immigration on output mix, capital, and productivity
Zavodny, Madeline; Quispe-Agnoli, Myriam (2002-01)
The growing influx of immigrants into the United States has prompted concerns about potential negative effects on native workers, especially the less skilled. Such concerns have not been borne out by many studies of the effect of immigration on wages. However, the typical theoretical negative effect of immigration flows on wages may be offset by changes in other aspects of the economy, including output mix, productivity, and capital. ; This article examines the relationship between immigration and three factors-output mix, labor productivity, and capital-in the skilled and unskilled sectors ...
Economic Review , Volume 87 , Issue Q1 , Pages 17-27

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