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The Productivity Puzzle

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Macroeconomic Policy after the Crash

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Abstract

We now turn to the other great macroeconomic puzzle of the post-crash era: why the supply side of the economy appears to have been so badly damaged by the financial crisis. This issue is typically referred to as the productivity puzzle because the anomalous behaviour of supply is easiest to observe in the data on labour productivity.

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Authors and Affiliations

  1. BNP Paribas Investment Partners, Dartford, UK

    Richard Barwell

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  1. Richard Barwell
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Barwell, R. (2016). The Productivity Puzzle. In: Macroeconomic Policy after the Crash . Palgrave Macmillan, London. https://doi.org/10.1057/978-1-137-51592-6_5

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  • DOI: https://doi.org/10.1057/978-1-137-51592-6_5

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  • Print ISBN: 978-1-137-51591-9

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