• Corpus ID: 154620367

Is the British economy supply constrained II? A renewed critique of productivity pessimism

@inproceedings{Martin2012IsTB,
  title={Is the British economy supply constrained II? A renewed critique of productivity pessimism},
  author={Bill Martin and Robert Eric Rowthorn},
  year={2012}
}
cbr.cam.ac.uk
35 Citations
Highly Influential Citations
1
Background Citations
14

35 Citations

Citation Type

Citation Type

A Response to Bill Martin and Robert Rowthorn
This note responds to a critique of our recent paper, “Can Intangible Investment Explain the UK Productivity Puzzle?”. In that critique Martin and Rowthorn (MR) present a re-working of data on labour…
Allowing for unemployment in productivity measurement
TLDR
A complementary index which adjusts labour productivity for levels of unemployment—the social labour productivity index (SLPI)—is proposed and it is recommended that the Labour productivity index itself should be standardised.
Is the UK’s productivity puzzle mostly driven by occupational mismatch? An analysis using big data on job vacancies
Abstract Uncertainty still remains as to the cause of the UK’s dramatic productivity puzzle that began during the Great Financial Crisis. Occupational mismatch has been implicated as driving up to…
Productivity Slowdown and Inequality: Killing Two Birds with One Stone!
Demand-Side Stagnation Theories
This chapter is concerned with demand-side theories of secular stagnation, providing a thorough analysis of the stagnation hypotheses of various economists emphasizing secular stagnation as a…
Labour Productivity During the Great Depression and the Great Recession in UK Engineering and Metal Manufacture
  • R. Hart
  • SSRN Electronic Journal
  • 2020
IZA DP No. 13528 JULY 2020 Labour Productivity during the Great Depression and the Great Recession in UK Engineering and Metal Manufacture This paper compares labour productivity during the Great…
RECONCILED ESTIMATES AND NOWCASTS OF REGIONAL OUTPUT IN THE UK
There is renewed interest in levelling up the regions of the UK. The combination of social and political discontent, and the sluggishness of key UK macroeconomic indicators like productivity growth,…
Supply-Side Stagnation Theories
In contrast to the previous chapter, this chapter focuses on theories of supply-side stagnation. It includes the hypotheses of Adam Smith, Thomas R. Malthus, John S. Mill, David Ricardo, and Karl…
The UK's Great Demand and Supply Recession
We revisit UK’s poor productivity performance since the Great Recession by means of both a suitable theoretical framework and firm-level prices and quantities data for detailed products allowing us…
DECENTRALISING BRITAIN THE ' BIG PUSH ' TOWARDS INCLUSIVE PROSPERITY
...
1
2
3
4
...

References

SHOWING 1-10 OF 121 REFERENCES
Deflation improvements in the UK National Accounts
SummaryAs part of wider developments to improve the quality of the UK National Accounts, ONS will introduce two key improvements to the methods by which volume estimates of gross domestic product…
Estimating the UK's historical output gap
An important consideration for the assessment of the economic outlook is the size of the output gap the difference between the current level of output and the potential level consistent with stable…
Labour Supply as a Buffer: Evidence from UK Households
This paper examines labour supply adjustment – both hours worked and participation decisions. The analysis focuses on the response of each to financial shocks, employing data from the British…
Index of Services – Industry Reviews”, March, ONS
  • 2012
Recent Developments in the Labor Market: a speech at the National Association for Business Economics Annual Conference, Arlington, Virginia, March 26, 2012
A Few Remarks on Current Monetary Policy in a Rebalancing Economy”, speech given at The Joint 1900/City Club Lunch
  • 2011
Housing Equity Withdrawal Since the Financial Crisis
The amount of housing equity withdrawal (HEW) has swung from being significantly positive before the financial crisis and recession, to negative over the past few years. The net effect of a chain of…
Monetary Policy in a Weak Economy”, speech given at the National Institute of Economic and Social Research, Bank of England, November
  • 2011
Productivity and Monetary Policy”, speech given at the South Tyneside Manufacturing Forum, Bank of England, 21 September
  • 2011
Why the Bank Rate Should Increase Now”, speech given at the Finance Directors
  • 2011
...
1
2
3
4
5
...