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High Labor Productivity in France and Germany

Summary:
On his (Le Monde) blog, Thomas Piketty emphasizes that labor productivity in France and Germany is as high as in the US, and much higher than in Italy or the UK (his figures here and here).

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On his (Le Monde) blog, Thomas Piketty emphasizes that labor productivity in France and Germany is as high as in the US, and much higher than in Italy or the UK (his figures here and here).

Dirk Niepelt
Dirk Niepelt is Director of the Study Center Gerzensee and Professor at the University of Bern. A research fellow at the Centre for Economic Policy Research (CEPR, London), CESifo (Munich) research network member and member of the macroeconomic committee of the Verein für Socialpolitik, he served on the board of the Swiss Society of Economics and Statistics and was an invited professor at the University of Lausanne as well as a visiting professor at the Institute for International Economic Studies (IIES) at Stockholm University.

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