Désirée I. Christofzik, Steffen Elstner, Lars P. Feld & Christoph M. Schmidt: Unraveling the Productivity Paradox: Evidence for Germany

Despite massive digitization efforts, the German economy has experienced a marked slowdown in its productivity growth. In their new paper, NOUS member Lars Feld along with Désirée I. Christofzik, Steffen Elstner, and Christoph M. Schmidt empirically analyze three prominent explanations for this development. First, using a novel quarterly utilization-adjusted total Read more…