Andersen, Torben M. (contributor); … - 2004 - [Elektronische Ressource]
at presentations at Danmarks
Nationalbank, EPRU (Copenhagen), Econometric Society World Congress (Seattle), Eu-
ropean … whether the shock is transitory or persistent,
16The productivity parameter
is chosen to match the wage share of about 2 …) can also be interpreted literally as re�ecting
that money-supply (monetary policy) changes may be either transitory or …