Technology shocks matter

Preprint OPEN
Jonas D. M. Fisher;
(2002)
  • Subject: Technology ; Business cycles | technology shocks, business cycle
    • jel: jel:E32 | jel:E00
    mesheuropmc: health care economics and organizations

This paper uses the neoclassical growth model to identify the effects of technological change on the US business cycle. In the model there are two sources of technological change: neutral, which effects the production of all goods homogeneously, and investment-specific.... View more
  • References (38)
    38 references, page 1 of 4

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