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Productivity shocks and real business cycles
Evans, Charles L. - Federal Reserve Bank of Chicago - 1991
Persistent link: https://www.econbiz.de/10005410904
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Why is productivity procyclical? Why do we care?
Basu, Susanto; Fernald, John - Federal Reserve Bank of Chicago - 2000
Productivity rises in booms and falls in recessions. There are four main explanations for this procyclical productivity … procyclical productivity as an essential feature of business cycles because each explanation has important implications for … utilization and resource reallocations are particularly important in explaining procyclical productivity. We also argue that the …
Persistent link: https://www.econbiz.de/10005726266
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Optimal fiscal and monetary policy : equivalence results
Correia, Isabel Horta (contributor);  … - 2002 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001761447
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Economic perspectives
Federal Reserve Bank of Chicago - Chicago, Ill. : Research Dept. of the Federal Reserve Bank - 1.1977 - 6.1982; 13.1989 -
Persistent link: https://www.econbiz.de/10000361175
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Firing costs and business cycle fluctuations
Veracierto, Marcelo (contributor) - 2003 - [Elektronische Ressource]
"This paper evaluates to what extent the introduction of firing costs can affect the aggregate dynamics of a neoclassical growth model with hetrogeneous establishments. Similarly to the previous literature, firing costs are found to have large steady- state effcts. However, they have no...
Persistent link: https://www.econbiz.de/10001909318
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Economic perspectives
Federal Reserve Bank of Chicago - Chicago, Ill. : Federal Reserve Bank of Chicago - Nachgewiesen 3.1977 -
Persistent link: https://www.econbiz.de/10001637311
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Technology shocks matter
Fisher, Jonas D. M. (contributor) - 2002 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001761436
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The cost of business cycles under endogenous growth
Barlevy, Gadi (contributor) - 2003 - [Elektronische Ressource]
uniformly over time creates congestion effects that lower the productivity of investment. I estimate that eliminating the …
Persistent link: https://www.econbiz.de/10001915579
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Earnings inequality and the business cycle
Barlevy, Gadi (contributor); Tsiddon, Daniel (contributor) - 2004 - [Elektronische Ressource]
"Economists have long viewed recessions as contributing to increasing inequality. However, this conclusion is largely based on data from a period in which inequality was increasing over time. This paper examines the connection between long-run trends and cyclical variation in earnings...
Persistent link: https://www.econbiz.de/10002049337