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~institution:"National Bureau of Economic Research"
~language:"eng"
~person:"Caplin, Andrew"
~person:"Ríos-Rull, José-Víctor"
~type_genre:"Arbeitspapier"
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Caplin, Andrew
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Procyclical Productivity in New Keynesian Models
Qiu, Zhesheng
;
Ríos-Rull, José-Víctor
-
National Bureau of Economic Research
-
2022
We propose an easy-to-use search friction in the goods markets in medium-sized New Keynesian models. This friction allows increases in measured productivity in response to increases in expenditures via higher search effort from households. As a result markups can become procyclical and labor...
Persistent link: https://www.econbiz.de/10012938738
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2
Demand Shocks as Technology Shocks
Bai, Yan
;
Ríos-Rull, José-Víctor
;
Storesletten, Kjetil
-
National Bureau of Economic Research
-
2024
.
Business
cycles are driven by preference shocks, true technology shocks, and investment-specific shocks. Preference shocks have …
Persistent link: https://www.econbiz.de/10014486260
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3
Economic Data Engineering
Caplin, Andrew
-
National Bureau of Economic Research
-
2021
associated with economic models of choice. I outline three diverse applications: to the
economics
of information; to life …
Persistent link: https://www.econbiz.de/10012660056
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