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The Productivity Puzzle: How Can We Speed Up The Growth Of The Economy?, Jonathan Baker, Louise Sheiner, Martin Neil Baily, David Wessel, Robert Barro, J. Bradford Delong, Bronwyn Hall

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Video link: https://youtu.be/dojtWYrjnbcAfter nearly a decade of strong productivity growth starting in the mid-1990s, productivity growth has slowed down over the most recent decade. Output per hour worked in the U.S. business sector has grown at only 1.3 percent per year from 2004 to 2015, and growth was even slower from 2010 to 2015 at just 0.5 percent a year. These rates are only half or less of the pace of growth achieved in the past. The United States is not alone in facing this problem, as all of the major advanced economies have also seen slow productivity growth. This …