Balleer, Almut - In: Quantitative economics : QE ; journal of the … 3 (2012) 3, pp. 363-392
inestigates the sources of productivity fluctuations that are commonly interpreted s technology shocks. I estimate different types … of technology shocks from structural vector autoregressions and reassess the empirical performance of the standard model … based on second moments that are conditional on technology and nontechnology (preference) shocks. Most prominently, the …
