The Recent Slowdown in High-Tech Equipment Price Declines and Some Implications for Business Investment and Labor Productivity
Posted: 22 Oct 2015
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: 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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