Jessica Röding

The new economy - trigger of a productivity miracle in the USA, or the product of a strictly statistical
problem that might at least partly strengthen doubts about this controversial phenomenon? There is also
another question that is of key significance when trying to make a proper assessment of productivity
growth in the USA in order to size up longer-term earnings prospects - even though forecasting economic
growth is anything but easy at present. Does the relationship between changes in unemployment and wage
increases continue to exist in the new economy? [more]