Challenges of the “New Economy” for Monetary Policy
The advent and spread of information and communication technologies (ICTs) increase potential output growth . It is uncertain to what extent and for how long they do so. We use the term “new economy” (NE) to describe the acceleration in potential output growth and the attendant and partly tempora...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Centre for the Study of Living Standards
2004-04-01
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| Series: | International Productivity Monitor |
| Subjects: | |
| Online Access: | http://www.csls.ca/ipm/8/cette_pfister-e.pdf |