NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Misallocation or Mismeasurement?

Mark Bils, Peter J. Klenow, Cian Ruane

NBER Working Paper No. 26711
Issued in January 2020

---- Acknowledgments ----

We are grateful to seminar participants and, especially, Joel David for comments. Any opinions and conclusions expressed herein are those of the author(s) and do not necessarily represent the views of the U.S. Census Bureau, the IMF, its Executive Board, or its management. This research was performed at a Federal Statistical Research Data Center under FSRDC Project 1440. All results have been reviewed to ensure that no confidential information is disclosed. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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