An edition of Technology shocks and aggregate fluctuations
(2004)
Technology shocks and aggregate fluctuations
how well does the RBC model fit postwar U.S. data?
by Jordi Galí
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"Our answer: not so well. We reach that conclusion after reviewing recent research on the role of technology as a source of economic fluctuations. The bulk of the evidence suggests a limited role for aggregate technology shocks, pointing instead to demand factors as the main force behind the strong positive comovement between output and labor input measures"--National Bureau of Economic Research web site.
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Technology shocks and aggregate fluctuations: how well does the RBC model fit postwar U.S. data?
2004, National Bureau of Economic Research
in English
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Technology shocks and aggregate fluctuations: how well does the rbs model fit postwar U.S. data?
2004, National Bureau of Economic Research
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Book Details
Edition Notes
"July 2004."
Includes bibliographical references.
Also available in PDF from the NBER world wide web site (www.nber.org).
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- Created September 29, 2008
- 3 revisions
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| December 15, 2009 | Edited by WorkBot | link works |
| April 25, 2009 | Edited by ImportBot | add OCLC number |
| September 29, 2008 | Created by ImportBot | Imported from Oregon Libraries MARC record |