Trends in Hours, Balanced Growth, and the Role of Technology in the Business Cycle
收藏NBER2005-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w11130
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资源简介：
The present paper revisits a property embedded in most dynamic macroeconomic models: the stationarity of hours worked. First, I argue that, contrary to what is often believed, there are many reasons why hours could be nonstationary in those models, while preserving the property of balanced growth.
提供机构：
美国国家经济研究局
创建时间：
2005-02-01
