Exploding Productivity Growth: Context, Causes, and Implications

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Forecasting: theory and practice (2020, methodology): “For example, Gordon (2003) considers three separate approaches for calculating trend labour productivity in the United States based on (i) average historical growth rates outside of the business cycle, (ii) filtering the data using the Hodrick-Prescott (HP) filter (Hodrick and Prescott, 1997), and…”
Inflation and Activity - Two Explorations and Their Monetary Policy Implications (2015, background): “An old fact documented by Robert Gordon in 1980 and revisited by him more recently (2003), in which productivity declines during the end of the expansion (i.e before the recession starts).11 A fact documented by Beaudry et al. (2014), in which firms appear to over-accumulate capital during periods o”
Does the Internet Make People Happier (2011, unknown): “Even if the magnitude of these gains has been largely debated (Gordon, 2003; Onliner and Sichel, 2000), there”
Where Did the Productivity Growth Go? Inflation Dynamics and the Distribution of Income (2005, methodology): “Indeed, to the extent that the productivity growth “explosion” of 2001-2004 was achieved by cost-cutting, layoffs, and abnormally slow employment growth (as suggested in Gordon, 2003), then the historical link between productivity growth and higher living standards falls apart.”