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Noah Smith
@NoahSmith
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Apr 22, 2022
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Another good thread on the "linear TFP growth" paper:
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Apr 21, 2022
A few thoughts on this fascinating paper. The tl;dr of the paper is that national TFP (a common measure of "technology") behaves as if it grows at a constant linear rate, not exponentially, as is usually assumed. If TFP in 1947 = 1, increment it up b
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Matt Clancy
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