Estimating the response of hours worked to technology shocks is often considered as a crucial step for evaluating the … estimated using a VAR, and retrieve alternative nonfundamental representations of the relation between technology shocks and … conditioning on a technology shock. This result is more robust than the results by Christiano et al. [2004], because it is …

We study the relationship between technology shocks and labor input on Swedish firm-level data using a production … function approach to identify technology shocks. Taking standard steps yields a contractionary contemporaneous labor …-level rigidities. -- Technology Shocks ; Labor Input ; Business Fluctuations ; Micro Data …

technology shocks in explaining aggregate fluctuations. To this end we estimate the model's posterior density using Markov …