| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w9819 |
| 来源ID | Working Paper 9819 |
| What Happens After a Technology Shock? | |
| Lawrence J. Christiano; Martin Eichenbaum; Robert Vigfusson | |
| 发表日期 | 2003-07-07 |
| 出版年 | 2003 |
| 语种 | 英语 |
| 摘要 | We provide empirical evidence that a positive shock to technology drives per capita hours worked, consumption, investment, average productivity and output up. This evidence contrasts sharply with the results reported in a large and growing literature that argues, on the basis of aggregate data, that per capita hours worked fall after a positive technology shock. We argue that the difference in results primarily reflects specification error in the way that the literature models the low-frequency component of hours worked. |
| 主题 | Econometrics ; Estimation Methods ; Macroeconomics ; Business Cycles |
| URL | https://www.nber.org/papers/w9819 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/567443 |
| 推荐引用方式 GB/T 7714 | Lawrence J. Christiano,Martin Eichenbaum,Robert Vigfusson. What Happens After a Technology Shock?. 2003. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w9819.pdf（632KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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