Tag Archives: Biased Productivity

Structural Transformation, the Mismeasurement of Productivity Growth, and the Cost Disease of Services

From Alywn Young: If workers self-select into industries based upon their relative productivity in different tasks, and comparative advantage is aligned with absolute advantage, then the average efficacy of a sector’ s workforce will be negatively correlated with its employment … Continue reading

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Incomes & the Cost of a Colonoscopy across US Cities

I’m a bit late to posting this since I had my qualifying exams on Monday, but I saw this map for the front page story of this Sunday’s NYTimes and thought it was interesting. It shows how much the cost … Continue reading

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