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...
Autor Principal: | |
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Formato: | Revista |
Idioma: | English |
Publicado: |
Washington, D.C. :
International Monetary Fund,
2012.
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Series: | IMF Working Papers; Working Paper ;
No. 2012/211 |
Acceso en liña: | Full text available on IMF |