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The effects of permanent technology shocks on labor productivity and hours in the RBC model

Lindé, Jesper - 2004

correlation between hours worked and labor productivity. In this paper, I show that this conjecture is not necessarily correct. In … the basic RBC model, I find that hours worked fall and labor productivity rises after a positive permanent technology … a positive permanent technology shock along with a rise in labor productivity that are in line with what the data …

Persistent link: https://www.econbiz.de/10011585319

Employment responses to aggregate and sectoral technology shocks

Park, Kangwoo - In: Journal of macroeconomics 34 (2012) 3, pp. 801-821

Persistent link: https://www.econbiz.de/10009690441

The source of temporary technological shocks

Meng, Xianming - In: International journal of economic research 9 (2012) 1, pp. 53-68

Persistent link: https://www.econbiz.de/10009665034

Stock market dispersion, sectoral shocks, and the German business cycle

Döpke, Jörg; Pierdzioch, Christian - 2000

This paper elaborates on the relative importance of sectoral shocks for real economic activity in Germany. Implications of multisectoral real business cycle models are examined by resorting to testing techniques based on stock market returns. The empirical evidence is obtained by calculating...

Persistent link: https://www.econbiz.de/10011476130