| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP5517 |
| DP5517 Individual Risk Attitudes: New Evidence from a Large, Representative, Experimentally-Validated Survey | |
| Gert Georg Wagner; Armin Falk; Thomas J Dohmen; Uwe Sunde; Jürgen Schupp; David Huffman | |
| 发表日期 | 2006-02-13 |
| 出版年 | 2006 |
| 语种 | 英语 |
| 摘要 | This paper studies procyclical productivity growth at the industry level in the U.S. and in three European countries (France, Germany and the Netherlands). Industry-specific demand-side instruments are used to examine the prevalence of non-constant returns to scale and unmeasured input utilization. For the aggregate U.S. economy, unmeasured input utilization seems to explain procyclical productivity. However, this correction still leaves one in three U.S. industries with procyclical productivity. This failure of the model can also be seen in Europe and is mostly concentrated in services industries. |
| 主题 | International Macroeconomics |
| 关键词 | Cyclical productivity Input utilizations Returns to scale Instrumental variables |
| URL | https://cepr.org/publications/dp5517 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/534368 |
| 推荐引用方式 GB/T 7714 | Gert Georg Wagner,Armin Falk,Thomas J Dohmen,et al. DP5517 Individual Risk Attitudes: New Evidence from a Large, Representative, Experimentally-Validated Survey. 2006. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
