Productivity and the Services of Capital and Labor

macroeconomics, productivity, labor

The Productivity Growth Slowdown by Industry

macroeconomics, financial crisis, crises, U.S. markets, international markets

Comment: Expert Elicitation for Reliable System Design

Comment: Expert Elicitation for Reliable System Design [arXiv:0708.0279]Comment: Published at http://dx.doi.org/10.1214/088342306000000529 in the Statistical Science (http://www.imstat.org/sts/) by the Institute of Mathematical Statistics (http://www.imstat.org

Economic Policy Following the Terrorist Attacks

America has shown its best side in recent weeks in the efforts to help the victims of September 11. And it is showing its strength as it moves to strike back and tighten security at home. Dealing with the economic impact of these horrendous crimes has, appropriately, not been the first priority.

DISCUSSION: RISK AND FINANCIAL MANAGEMENT IMPLICATIONS FOR FIRM GROWTH IN AN UNCERTAIN MARKET

Risk and Uncertainty,

Innovation and Productivity in U.S. Industry

macroeconomics, U.S. industry, productivity, manufacturing, textiles, chemicals

Transforming the European Economy

Europe grew rapidly for many years, but now, faced with greater challenges, several of the large economies in Europe have either failed to generate enough jobs or have failed to achieve the highest levels of productivity or both. This study explores why Europe's growth slowed, what contribution information technology makes to growth, and what policies could facilitate economic transformation. It emphasizes a system with strong work incentives and a high level of competitive intensity. Europe doesn't need to eliminate its protections for individuals, the authors conclude, but both social programs and policies toward business must be reoriented so that they encourage economic change.