What (Really) Accounts for the Fall in Hours After a Technology Shock? /

The paper asks how state of the art DSGE models that account for the conditional response of hours following a positive neutral technology shock compare in a marginal likelihood race. To that end we construct and estimate several competing small-scale DSGE models that extend the standard real busine...

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Hlavní autor: Rebei, Nooman
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2012.
Edice:IMF Working Papers; Working Paper ; No. 2012/211
On-line přístup:Full text available on IMF