United States: Selected Issues

July 30, 2004

Preview Citation

Format: Chicago

United States: Selected Issues, (USA: International Monetary Fund, 2004) accessed December 26, 2024

Summary

This Selected Issues paper examines the role of information and communication technology (ICT) in the recent acceleration of labor productivity growth in the United States. The analysis reveals that the increase of total factor productivity (TFP) growth is a broad phenomenon that encompasses non-ICT producing sectors, consistent with the view that ICT is a “general purpose technology.” The paper investigates whether the productivity boom may have dampened employment in recent years. It also assesses the contribution of immigrants to the United State economy.

Subject: Expenditure, Income and capital gains taxes, Income tax systems, Migration, Population and demographics, Revenue administration, Taxes

Keywords: Asia and Pacific, Central America, CR, East Asia, Europe, Fed official, Fed's mandate, Global, Income and capital gains taxes, Income tax, Income tax systems, Inflation-output tradeoff, Information and communication technology, ISCR, Migration, Taxpayer, TFP growth, WTO membership

Publication Details

Pages:

95
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/228
Stock No:

1USAEA0012004
ISBN:

9781451839562
ISSN:

1934-7685

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