banquedefrancebanquedefranceI3ZelwB8zsA07/11/2018 - 17:34On 18 June 2018, the Banque de France and the College de France have organized their second annual conference on productivity dynamics after the crisis. Most advanced economies experience a slowdown in productivity growth. In the United States, labor productivity has grown at an average 1.1% per year since 2005 whereas growth was twice larger from 1995 to 2004. In European countries, productivity growth continuously decreased since the 1980s and has averaged at less than 1% per year since 2005. This slowdown is not only due to cyclical fluctuation or to the consequences of the Great Recession. The disappointing gains from the ICT revolution in terms of productivity has fueled concerns that the age of great innovations which translated strongly to growth is now over. But on the other side of the spectrum, some argue that we are at the dawn of a new era of fast growth spurs by upcoming major technological changes: robotization, artificial intelligence, biotechnologies… To better understand what the future of productivity could be, it is therefore essential to understand its dynamics before, during and after the Great Recession and the role of its different drivers. This conference, introduced by Sylvie Goulard, brought together high-level academics, researchers from central banks and international organizations, such as P. Aghion and J. van Reenen, or S. Balsandze, S. Basu, G. Cette, R. Duval, J. G. Fernald, J. Jimeno, F. Manaresi, C. Lelarge, G. Nicoletti and R. Veugelers. The full program, presentations and other videos are available online https://www.banque-france.fr/en/conferences-and-media/seminars-and-symposiums/research-conferences-and-symposiums/18th-june-2018-productivity-dynamics-after-crisishttps://www.youtube.com/embed/I3ZelwB8zsA