Why is Productivity Growth in the Euro Area so Sluggish? /

Slow productivity growth has plagued the euro area since the mid-1990s. That is particularly striking in view of the large productivity gains in the United States during the same period. This paper shows that the deceleration in labor productivity in the euro area was caused by structural changes in...

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Detalhes bibliográficos
Autor principal: Estevao, Marcello
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2004.
coleção:IMF Working Papers; Working Paper ; No. 2004/200
Acesso em linha:Full text available on IMF