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Rate of Return on Everything, 1870–2015* | The Quarterly Journal of Economics

Abstract. What is the aggregate real rate of return in the economy? Is it higher than the growth rate of the economy and, if so, by how much? Is there a te

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Exchange Programs

Exchange Programs
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Are We in a Productivity Boom? For Clues, Look to 1994

The last time the U.S. economy was posting surprising economic growth numbers amid rapid wage gains and moderating inflation, Ace of Base and All-4-One topped the Billboard charts and denim overalls were in vogue. Thirty years ago, officials at the Federal Reserve were hotly debating whether the economy could continue to chug along so vigorously without spurring a pickup in inflation. And back in 1994, it turned out that it could, thanks to one key ingredient: productivity. Now, official product

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Unusual winter weather takes a toll on snowmobile clubs and local businesses

FRANKLIN COUNTY - The unusual winter weather in Maine this year has made for a difficult and potentially short snowmobiling season, taking a toll on snowmobile clubs and related businesses. Rain in December caused damage to a lot of the trails across the region, requiring repairs before the season could get started. The subsequent heavy

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Remote Work Doesn t Seem to Affect Productivity, San Francisco Fed Study Finds

Remote Work Doesn t Seem to Affect Productivity, San Francisco Fed Study Finds
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