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An Explanation for the Slowdown in U

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An explanation for the slowdown in U.S.productivity growth in the 1973-1995 period was higher oil prices caused by


Definitions:

Yield Compounded

The process where investment gains earn additional earnings over time.

Holding-Period Return

The total return received from holding an asset or portfolio of assets over a period, typically expressed as a percentage.

Effective (Annualized) Yield

A calculation of the annual return on an investment, taking into account the effect of compounding interest.

Consumer Price Index

An index that measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services.

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