Aggregate Implications of Changing Sectoral Trends
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https://www.nber.org/papers/w25867
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资源简介:
We find disparate trend variation in TFP and labor growth across major U.S. production sectors over the post-WWII period. When aggregated, these sector-specific trends imply secular declines in the growth rate of aggregate labor and TFP. We embed this sectoral trend variation into a dynamic multi
提供机构:
美国国家经济研究局
创建时间:
2019-05-01



