detrended data for personal consumption expenditures and manufacturing output suggest that the U.S. economy has recovered to … near 90% of pre-pandemic levels as of March 2021, our structural VAR model shows that the component of manufacturing output …

Using firm-level survey data for the West German manufacturing sector, this paper revisits the technology …-driven business cycle hypothesis for the case of aggregate investment. We construct a survey-based measure of technology shocks to … gauge their contribution to short-run investment fluctuations. We estimate an upper bound for the contribution of technology …

We examine the comovements between the output indexes of three German sectors (manufacturing, mining, and agriculture …

investment-specific technology shock, affects the transformation of consumption into investment goods and is identified with the … factors ; investment-specific technology ; DSGE model …

ingredient in the models is countercyclical fiscal policy. According to our estimates, government spending and technology …