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作者:O'Mahony, Mary; Timmer, Marcel P.
作者单位:University of Birmingham; University of Groningen
摘要:This article describes the contents and the construction of the EU KLEMS Growth and Productivity Accounts. This database contains industry-level measures of output, inputs and productivity for 25 European countries, Japan and the US for the period from 1970 onwards. The article considers the methodology employed in constructing the database and shows how it can be useful in comparing productivity trends. Although growth accounts are the organising principle, it is argued that the database is u...
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作者:Nelson, Edward
作者单位:Federal Reserve System - USA; Federal Reserve Bank - St. Louis
摘要:The inflation targeting regime prevailing in the UK is not the result of a change in policy maker objectives. Analysis of UK policymakers' statements demonstrates that objectives have been essentially unchanged over five decades. Instead, the crucial underpinning of UK inflation targeting is an overhaul of doctrine. This overhaul involves changes in policymakers' views regarding key IS and Phillips curve parameters. They particularly have involved whether levels terms (of the real interest rat...
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作者:Lancaster, Tony
作者单位:Brown University
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作者:Hunter, Rosalind S.; Oswald, Andrew J.; Charlton, Bruce G.
作者单位:University of Warwick; University of Newcastle
摘要:We collect data on the movement and productivity of elite scientists. Their mobility is remarkable: nearly half of the world's most-cited physicists work outside their country of birth. We show they migrate systematically towards nations with large R & D spending. Our study cannot adjudicate on whether migration improves scientists' productivity, but we find that movers and stayers have identical h-index citations scores. Immigrants in the UK and US now win Nobel Prizes proportionately less of...