Artikel
Aggregate labor productivity
Aggregate labor productivity is a central indicator of an economy's economic development and a wellspring of living standards. Somewhat controversially, many macroeconomists see productivity as a primary driver of fluctuations in economic activity along the business cycle. In some countries, the cyclical behavior of labor productivity seems to have changed. In the past 20–30 years, the US has become markedly less procyclical, while the rest of the OECD has not changed or productivity has become even more procyclical. Finding a cogent and coherent explanation of these developments is challenging.
- Sprache
-
Englisch
- Erschienen in
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Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2018 ; Bonn: Institute for the Study of Labor (IZA)
- Klassifikation
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Wirtschaft
- Thema
-
aggregate productivity
labor utilization
labor hoarding
collective bargaining
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Burda, Michael C.
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2018
- DOI
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doi:10.15185/izawol.435
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
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Objekttyp
- Artikel
Beteiligte
- Burda, Michael C.
- Institute for the Study of Labor (IZA)
Entstanden
- 2018
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