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news shocks. Thereby, the correlation coefficient between news shocks of a short-run identification scheme and technology …
Persistent link: https://www.econbiz.de/10010225546
, a cointegration analysis of productivity, prices, real wages, employment, and the unemployment rate reveals two long run …
Persistent link: https://www.econbiz.de/10011446670
The paper attempts to provide an appropriate model specification for identifying technology and other macroeconomic shocks in a structural VAR framework. The investigation is conducted based on two seminal structural VAR studies by Gali (1999) and King et al. (1991). The models of these studies...
Persistent link: https://www.econbiz.de/10003634805
country are identified, and the corresponding shock propagation channels are computed. We establish the statistical properties … of the cyclical fluctuations and investigate the role of each structural common and country-specific shock in the …
Persistent link: https://www.econbiz.de/10003824053
investigate (i) the extent to thich two prominent structural VAR approaches can be usefull in recuperating news shock dynamics …
Persistent link: https://www.econbiz.de/10010225547
' effects in the literature, by employment losses from process and organisational innovation and by general productivity …
Persistent link: https://www.econbiz.de/10011563084
evolution of average income and when this is not the case. In the former case, an increase in the productivity of skilled … turn, makes unskilled workers ask for higher wages. As higher wages are not justified by respective productivity increases …
Persistent link: https://www.econbiz.de/10003225286
linkages between the firm’s R&D investment, product and process innovations, and future productivity and profits. The dynamic …&D investment. For the median productivity firm, investment in R&D raises firm value by 3.0 percent in a group of hightech … significantly affect R&D investment rates and productivity changes in the high-tech industries. …
Persistent link: https://www.econbiz.de/10010203640
stability even if the financial sector shock takes place in a high stress regime. More important seems to be the shock …
Persistent link: https://www.econbiz.de/10010238376
-switching takes place rather smoothly which dampens the negative output response after a shock in the financial sector in the selected …
Persistent link: https://www.econbiz.de/10009792964