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sectoral interactions are explicitly accounted for, a contemporaneous technology shock to all manufacturing sectors implies a … positive response in both output and hours at the aggregate level. Otherwise there is a negative correlation, as in much of the …
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sectoral interactions are explicitly accounted for, a contemporaneous technology shock to all manufacturing sectors implies a … positive response in both output and hours at the aggregate level. Otherwise there is a negative correlation, as in much of the …
Persistent link: https://www.econbiz.de/10013069070