An edition of What happens after a technology shock? (2003)

What happens after a technology shock?

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What happens after a technology shock?
Lawrence J. Christiano
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Last edited by WorkBot
December 15, 2009 | History
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An edition of What happens after a technology shock? (2003)

What happens after a technology shock?

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"We provide empirical evidence that a positive shock to technology drives up per capita hours worked, consumption, investment, average productivity and output. 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"--Federal Reserve Board web site.

Publish Date
Publisher
National Bureau of Economic Research
Language
English
Pages
33

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Subjects
Business cycles, Econometric models, Economic aspects of Technological innovations, Technological innovations

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Edition Availability
Cover of: What happens after a technology shock?
What happens after a technology shock?
2003, Federal Reserve Board
Electronic resource in English
Cover of: What happens after a technology shock?
What happens after a technology shock?
2003, National Bureau of Economic Research
in English
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Book Details

Edition Notes

"July 2003."

Includes bibliographical references.

Also available in PDF from the NBER world wide web site (www.nber.org).

Published in
Cambridge, Mass
Series
NBER working paper series -- no. 9819., Working paper series (National Bureau of Economic Research) -- working paper no. 9819.

The Physical Object

Pagination
33, [19] p. :
Number of pages
33

ID Numbers

Open Library
OL17615543M
OCLC/WorldCat
52861283

Source records

Oregon Libraries MARC record

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Download catalog record: RDF / JSON / OPDS | Wikipedia citation
December 15, 2009 Edited by WorkBot link works
April 25, 2009 Edited by ImportBot add OCLC number
September 29, 2008 Created by ImportBot Imported from Oregon Libraries MARC record