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Technology, employment, and the business cycle : do technology shocks explain aggregate fluctuations?

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Technology, employment and the business cycle : do technology shocks explain aggregate fluctuations?

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Technology shocks and aggregate fluctuations : how well does the RBC model fit post-war US data?

Galí, Jordi - 2004

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Trends in hours, balanced growth and the role of technology in the business cycle

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Endogenous public information and welfare

Vives, Xavier - 2011

This paper performs a welfare analysis of economies with private information when public information is endogenously generated and agents can condition on noisy public statistics in the rational expectations tradition. We find that equilibrium is not (restricted) efficient even when feasible...