Analysis in Brief

November 28th, 2006

The price of computing power continues to fall sharply, having declined by nearly half between 2000 and 2005... Moreover, whatever the pace of future technological progress, further diffusion of already-existing technologies and applications to more firms and industries should continue to increase aggregate productivity for a time.

Ben Bernanke, Federal Reserve Board, Chairman

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CSIP Notes

Includes CSIP Notes (2004-) and FRBSF Economic Letters on similar subjects from previous years.

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