Productivity is defined as the measurement of “output per unit of input, such as labor, capital or any other resource.” That’s a clunky way of saying that individual workers, businesses, industries, ...
U.S. labor productivity initially surged in 2020 during the COVID-19 pandemic, despite the massive economic upheaval. As the economy recovered, the level of productivity retreated to its slow ...
Europe faces a well-known productivity malaise, with a large and widening aggregate productivity gap relative to the U.S. In this paper, we provide a novel diagnosis of the firm-level roots of ...
When you ask someone to picture a shopping center, the image of an American mall often comes to mind, with the iconic blue letters of the Sears logo standing tall. Once the largest retail giant in the ...
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