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Discussion of "The source of historical economic fluctuations: An analysis using long-run restrictions" by Neville Francis and Valerie A. Ramey
Uhlig, Harald - 2006
This paper discusses the paper The Source of Historical Economic Fluctuations: An Analysis using Long-Run Restrictions by Neville Francis and Valerie A. Ramey. It argues that these authors have made great progress both in the precise measurement of labor input as well as determining the effect...
Persistent link: https://www.econbiz.de/10010263638
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Discussion of "The Source of Historical Economic Fluctuations: An Analysis using Long- Run Restrictions" by Neville Francis and Valerie A. Ramey
Uhlig, Harald - Sonderforschungsbereich 649: Ökonomisches Risiko, … - 2006
This paper discusses the paper "The Source of Historical Economic Fluctuations: An Analysis using Long-Run Restrictions" by Neville Francis and Valerie A. Ramey. It argues that these authors have made great progress both in the precise measurement of labor input as well as determining the effect...
Persistent link: https://www.econbiz.de/10005652778
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Flexible prices, labor market frictions, and the response of employment to technology shocks
Mandelman, Federico S.; Zanetti, Francesco - 2013
response of employment to a technology shock. We find that labor market frictions account for the fall in labor inputs. …
Persistent link: https://www.econbiz.de/10010209115
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Technology shocks, employment, and labor market frictions
Mandelman, Federico S.; Zanetti, Francesco - 2008
employment to a technology shock. The results of the estimation support the hypothesis that labor market frictions are … responsible for the negative response of employment. …
Persistent link: https://www.econbiz.de/10010292305
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Technology Shocks and Employment in Open Economies
Tervala, Juha - 2007
employment. A two-country model is used to demonstrate that the open economy dimension can enhance the ability of sticky price … from domestic goods. This causes a temporary decline in domestic employment. If the expenditure-switching effect is …
Persistent link: https://www.econbiz.de/10010295248
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Technology Shocks and Employment in Open Economies
Tervala, Juha - In: Economics: The Open-Access, Open-Assessment E-Journal 1 (2007) 2007-15, pp. 1-27
employment. A two-country model is used to demonstrate that the open economy dimension can enhance the ability of sticky price … from domestic goods. This causes a temporary decline in domestic employment. If the expenditure-switching effect is …
Persistent link: https://www.econbiz.de/10010295298
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Technology Shocks and Employment in Open Economies
Tervala, Juha - In: Economics: The Open-Access, Open-Assessment E-Journal 1 (2008) 2007-15 (Version 2), pp. 1-27
employment. A two-country model is used to demonstrate that the open economy dimension can enhance the ability of sticky price … from domestic goods. This causes a temporary decline in domestic employment. If the expenditure-switching effect is …
Persistent link: https://www.econbiz.de/10010298813
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Flexible prices, labor market frictions, and the response of employment to technology shocks
Mandelman, Federico S.; Zanetti, Francesco - 2013
response of employment to a technology shock. We find that labor market frictions account for the fall in labor inputs. …
Persistent link: https://www.econbiz.de/10010397672
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Macroeconomic regimes, technological shocks and employment dynamics
Ferraresi, Tommaso; Roventini, Andrea; Semmler, Willi - 2016
In this work, we investigate the interrelations among technology, output and employment in the different states of the … effects of productivity shocks on employment are abundantly negative in downturns, but they are not significantly different …
Persistent link: https://www.econbiz.de/10011789726
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Macroeconomic regimes, technological shocks and employment dynamics
Ferraresi, Tommaso; Roventini, Andrea; Semmler, Willi - 2016
In this work, we investigate the interrelations among technology, output and employment in the different states of the … effects of productivity shocks on employment are abundantly negative in downturns, but they are not significantly different …
Persistent link: https://www.econbiz.de/10011483831