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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
Electronic resource
in English
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Book Details
Edition Notes
Includes bibliographical references.
Title from PDF file as viewed on 1/11/2005.
Also available in print.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.
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- Created April 1, 2008
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December 13, 2020 | Edited by MARC Bot | import existing book |
August 4, 2012 | Edited by VacuumBot | Updated format '[electronic resource] :' to 'Electronic resource' |
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