Are Cyclical Fluctuations in Productivity Due More to Supply Shocks or Demand Shocks?
收藏NBER1987-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w2147
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资源简介:
Measured productivity is strongly procyclical. Real business cycle theories suggest that actual fluctuations in productivity are the source of fluctuations in aggregate output. Keynesian theories maintain that fluctuations in aggregate output come from shocks to aggregate demand. Keynesian theories
提供机构:
美国国家经济研究局
创建时间:
1987-02-01



