The Recent Slowdown in High-Tech Equipment Price Declines and Some Implications for Business Investment and Labor Productivity

Posted: 22 Oct 2015

See all articles by David M. Byrne

David M. Byrne

Board of Governors of the Federal Reserve System

Eugenio Pinto

Board of Governors of the Federal Reserve System

Date Written: March 26, 2015

Abstract

Investment in high-tech equipment spurred by rapidly falling prices has accounted for an important share of business investment and labor productivity growth since the 1970s.

Suggested Citation

Byrne, David M. and Pinto, Eugenio, The Recent Slowdown in High-Tech Equipment Price Declines and Some Implications for Business Investment and Labor Productivity (March 26, 2015). FEDS Notes No. 2015-03-26 https://doi.org/10.17016/2380-7172.1512, Available at SSRN: https://ssrn.com/abstract=3716478

David M. Byrne (Contact Author)

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States

Eugenio Pinto

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States

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