An edition of Stochastic growth in the United States and Euro area (2011)

Stochastic growth in the United States and Euro area

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Stochastic growth in the United States and Eu ...
Peter N. Ireland
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Last edited by MARC Bot
October 17, 2020 | History
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An edition of Stochastic growth in the United States and Euro area (2011)

Stochastic growth in the United States and Euro area

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"This paper estimates, using data from the United States and Euro Area, a two-country stochastic growth model in which both neutral and investment-specific technology shocks are nonstationary but cointegrated across economies. The results point to large and persistent swings in productivity, both favorable and adverse, originating in the US but not transmitted to the EA. More specifically, the results suggest that while the EA missed out on the period of rapid investment-specific technological change enjoyed in the US during the 1990s, it also escaped the stagnation in neutral technological progress that plagued the US in the 1970s"--National Bureau of Economic Research web site.

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Publisher
National Bureau of Economic Research
Language
English

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Cover of: Stochastic growth in the United States and Euro area
Stochastic growth in the United States and Euro area
2011, National Bureau of Economic Research
Electronic resource in English
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Book Details

Edition Notes

Title from PDF file as viewed on 4/19/2011.

Includes bibliographical references.

Also available in print.

System requirements: Adobe Acrobat Reader.

Mode of access: World Wide Web.

Published in
Cambridge, MA
Series
NBER working paper series -- working paper 16681, Working paper series (National Bureau of Economic Research : Online) -- working paper no. 16681.

Classifications

Library of Congress
HB1

The Physical Object

Format
Electronic resource

ID Numbers

Open Library
OL24845863M
LCCN
2011655911

Source records

Library of Congress MARC record
Library of Congress MARC record

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Download catalog record: RDF / JSON / OPDS | Wikipedia citation
October 17, 2020 Edited by MARC Bot import existing book
July 29, 2012 Edited by VacuumBot Updated format '[electronic resource] /' to 'Electronic resource'
July 26, 2011 Created by LC Bot Imported from Library of Congress MARC record