Understanding productivity performance in the Great Stagnation: a dynamic decomposition approach

Pub. Date
08 July, 2014
Pub. Type
Conference and seminar output

Authors

Professor Rebecca Riley

Dr Chiara Rosazza Bondibene

External Authors

Young, G

Related Themes

Productivity, Trade, and Regional Economies

A banking crisis may inhibit efficient resource allocation across businesses

  • Using firm level data we can examine whether aggregate productivity weakness arises because of resource misallocation between existing firms and/or a lack of creative destruction or cleansing effect of recession

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