Although computers are universal in the classroom, nearly twenty million children in the United States do not have … computers in their homes. Surprisingly, only a few previous studies explore the role of home computers in the educational … process. Home computers might be very useful for completing school assignments, but they might also represent a distraction …

This paper investigates two issues related to international trade in computers: measurement and prediction. Because of …, but the BEA uses it for the deflation of international sales and purchases of computers. This paper begins with a review …, separate treatment of computers in empirical models of international trade may be necessary to capture historical developments …

We construct a measure of aggregate technology change, controlling for imperfect competition, varying utilization of … capital and labor, and aggregation effects. On impact, when technology improves, input use falls sharply, and output may fall … frictionless dynamic general equilibrium models, which generally predict that technology improvements are expansionary, with inputs …

of a technology shock has become widely utilized. In this paper, we investigate its reliability through Monte Carlo … impact of a technology shock on macroeconomic variables, and a corresponding level of uncertainty about the contribution of … technology shocks to the business cycle. …

of technology is embodied in the capital stock. Classic papers from the late 1950's and 1960's show that non …-optimization models display the same asymptotic growth rates whether technology is embodied (vintage capital) or disembodied. This paper …

This paper investigates the response of hours worked to a permanent technology shock. Based on annual data from Canada …, we argue that hours worked rise after a positive technology shock. We obtain a similar result using annual data from the … United States. These results contradict a large literature that claims that a positive technology shock causes hours worked …

creates a more dynamic and uncertain environment, it not only increases the rewards to education and ability but also enhances … endogenously with technological change. If technology changes rapidly during the process of development, learning fosters the … intergenerational propagation of adaptive skills. In contrast, if technological progress is slow during development, the education of …

Aggregate productivity and aggregate technology are meaningful but distinct concepts. We show that a slightly …-modified Solow productivity residual measures changes in economic welfare, even when productivity and technology differ because of …-technological gaps between productivity and technology, gaps reflecting imperfections and frictions in output and factor markets …

Most growth models assume capital is homogeneous with regard to technology. This contradicts intuition and empirical … evidence that the majority of technology is embodied in the capital stock. Berger (2001) showed that neoclassical vintage … capital (embodied technology) and non-vintage capital (disembodied technology) models have different convergence rates …

We investigate what happens to hours worked after a positive shock to technology, using the aggregate technology series …