THE U.S. PRODUCTIVITY GROWTH RECESSION: HISTORY AND PROSPECTS FOR THE FUTURE

Authors

  • Michael D. McCarthy

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    • This paper was prepared when the author was with the senior staff of the Council of Economic Advisors. The author wishes to thank Professor Burton Malkiel and Dr. J. R. Norsworthy in particular for valuable advise, but retains the responsibility for errors. Thanks also to Ruthanne Madway for excellent research assistance.

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