Productivity gains: how permanent?

Paul Bauer (), Jeffrey L. Jensen and Mark E. Schweitzer

Economic Commentary, 2001, issue Sep 1

Abstract: This Economic Commentary confirms that productivity growth has been unusually robust over the last few years and explores reasonable assumptions about the likely future pattern of productivity growth. These assumptions can generate substantially different productivity growth paths. Government forecasts, which guide the major tax and benefit programs, have been increased in recent years yet remain cautious.

Keywords: Productivity; Labor productivity; Forecasting (search for similar items in EconPapers)
Date: 2001

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