IZA World of Labor panel on the macroeconomics of labor productivity

IZA World of Labor panel on the macroeconomics of labor productivity with Georg Dürnecker from the University of Frankfurt, Daniela Vidart from the University of Connecticut and David Powell from RAND Corporation

• Question for Georg Dürnecker: You state that productivity growth in the US has been slower than it might have been because more and more output is switched to slow-growing sectors like services. I wonder how much of that is an illusion?
• Question for Daniela Vidart: You talk about two different kinds of learning – formal learning and on-the-job learning. I wonder to what extent these two can compliment/ substitute each other? How does online learning affect this? In terms of Covid implications – what does this imply for those two types of learning?
• Question for David Powell: The U.S. Opioid Epidemic – what does it imply about labor productivity? Which demographics does it impact?