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World Shocks, Macroeconomic Response, and the Productivity Puzzle (Rev)

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NBER1982-07-01 更新2025-01-04 收录
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On the basis of a comparative growth analysis of ten major industrial countries, it is shown that the productivity slowdown of the 1970s can be attributed to a combination of the energy and raw material price shocks and the contractionary macroeconomic policies that were followed in response to

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1982-07-01
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