Is the Technology-Driven Real Business Cycle Hypothesis Dead?
收藏NBER2002-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w8726
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资源简介:
In this paper, we re-examine the recent evidence that technology shocks do not produce business cycle patterns in the data. We first extend Gal's (1999) work, which uses long-run restrictions to identify technology shocks, by examining whether the identified shocks can be plausibly interpreted as
提供机构:
美国国家经济研究局
创建时间:
2002-01-01



