Briec, Walter; Gabillon, Emmanuelle; Lasselle, Laurence - Scottish Institute for Research in Economics (SIRE) - 2011
Cecchetti et al. (2006) develop a method for allocating macroeconomic performance changes among the structure of the economy, variability of supply shocks and monetary policy. We propose a dual approach of their method by borrowing well-known tools from production theory, namely the Farrell...