The Macroeconomic Impact of Microeconomic Shocks: Beyond Hulten's Theorem
收藏NBER2017-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w23145
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资源简介：
We provide a nonlinear characterization of the macroeconomic impact of microeconomic productivity shocks in terms of reduced-form non-parametric elasticities for efficient economies. We also show how microeconomic parameters are mapped to these reduced-form general equilibrium elasticities. In this
提供机构：
美国国家经济研究局
创建时间：
2017-02-01
