The effects of permanent technology shocks on hours: can the RBC-model fit the VAR evidence?

DOI10.1016/j.jedc.2008.08.011zbMath1170.91343OpenAlexW2001867194MaRDI QIDQ2271655

Jesper Lindé

Publication date: 7 August 2009

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2008.08.011

zbMATH Keywords

vector autoregressionslabor productivityreal business cycle modelpermanent technology shockshours worked per capita

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Stochastic systems in control theory (general) (93E03)

Related Items

The dynamics of hours worked and technology ⋮ Real rigidities, productivity improvements and investment dynamics ⋮ What (really) accounts for the fall in hours after a technology shock?

Cites Work

• When can changes in expectations cause business cycle fluctuations in neo-classical settings?
• Time to implement and aggregate fluctuations
• Technical progress and aggregate fluctuations

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