3 ms·
They have revised GDP figures since 2007 or so. So in the interim/short term, productivity is actually much closer to hours worked than previously thought. The
by lcargill99 15y ago
They have revised GDP figures since 2007 or so. So in the interim/short term, productivity is actually much closer to hours worked than previously thought.
The longer term trend is also questionable starting around 1973, ala Tyler Cowan. Ah, good old economic numerology.