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The Response of Hours to a Technology Shock
Lawrence J. Christiano
Martin S. Eichenbaum
Robert J. Vigfusson
其他書名
Evidence Based on Direct Measures of Technology
出版
Board of Governors of the Federal Reserve System
, 2003
URL
http://books.google.com.hk/books?id=PFliLaIEl4kC&hl=&source=gbs_api
註釋
We investigate what happens to hours worked after a positive shock to technology, using the aggregate technology series computed in Basu, Fernald and Kimball (1999). We conclude that hours worked rise after such a shock.
