Estimating GSP and Labor Productivity By State

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Estimating GSP andLabor Productivity by State

Materials may be reprinted if the source is credited. Please send copies of reprinted materials to the editor. We invite questions, comments, and suggestions. Views stated in Policy Discussion Papers are those of the authors and not necessarily those of the Federal Reserve Bank of Cleveland or of the Board of Governors of the Federal Reserve System. In gauging the health of state economies, arg...

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A Framework for Estimating Labor Productivity Frontiers

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Capital, Labor, and Productivity

IN A PREVIOUS PAPER I explored two suggestions about how to understand time-series and cross-country variations in measured total factor productivity growth: increases in the labor force might slow technological change and increases in capital might speed it up. 1 Neither suggestion was new. The conjecture about the effect of labor dates back, at least, to attempts to explain the divergence in ...

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Immigration, Labor Markets, and Productivity

According to a survey in 2008, about 50 percent of Americans perceived immigration as a problem rather than as an opportunity (Transatlantic Trends 2008). Similar surveys conducted in the prerecession years of 2007 and before also showed that Americans were much less supportive of more open immigration policies than they were of other aspects of globalization such as free trade or free capital ...

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Loafing, Unemployment and Labor Productivity

Using the American Time Use Survey (ATUS) 2003-12, we estimate time spent by workers in non-work while on the job. Non-work time is substantial and co-varies positively with the local unemployment rate. While the fraction of workers who spend some time in non-work varies pro-cyclically, the average time spent by workers in non-work conditional on any positive non-work varies countercyclically. ...

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ژورنال

عنوان ژورنال: SSRN Electronic Journal

سال: 2006

ISSN: 1556-5068

DOI: 10.2139/ssrn.1024832