The New Normal : A Sector-level Perspective on Productivity Trends in Advanced Economies /
Total factor productivity growth was stagnant or slowing in many advanced countries even prior to the crisis. This paper documents sector-level productivity patterns across advanced economies prior to the crisis and examines the role of product and labor market rigidities as well as innovation and i...
Main Author: | |
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Other Authors: | , , |
Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2015.
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Series: | Staff Discussion Notes; Staff Discussion Notes ;
No. 2015/003 |
Online Access: | Full text available on IMF |