example, can make the effect of a traded-goods productivity improvement on the real exchange rate negative or positive, as … on the relationship between productivity and the real exchange rate. -- Exchange rates ; Productivity …

explicitly related to the trend of labour force productivity and of the participation rate. These two variables have been … of labour force productivity and the participation rate. Furthermore, since 1995, the growth rate of potential GDP has … been clearly above its historical average because of an increase in the trend of productivity and, to a lesser degree, in …

mainly through changes in ownership) on aggregate labour productivity. Capital reallocation is an important activity in the … United States: on average, its total value is 3-4 per cent of U.S. GDP. Firms with lower productivity are more likely to be … reallocated to (i.e., bought by) more productive firms. Reallocated establishments experience an increase in productivity. The …

In this paper we explore variables that may have an impact on multifactor productivity (MFP) in the long-run using the …

This paper analyzes endogenous fluctuations in total factor productivity (TFP) in a dynamic general equilibrium model … firms, and fluctuations in TFP in response to firm-level productivity and aggregate credit-market shocks. I also analyze the …