Where Did the Productivity Growth Go? Inflation Dynamics and the Distribution of Income
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A basic tenet of economic science is that productivity growth is the source of growth in real income per capita. But our results raise doubts by creating a direct link between macro productivity growth and the micro evolution of the income distribution. We show that over the entire period 1966-2001,
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美国国家经济研究局创建时间：
2005-12-01
