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Technology shocks and aggregate fluctuations [electronic resource] : how well does the rbs model fit postwar U.S. data? / Jordi Gali, Pau Rabanal

Author
Galí, Jordi, 1961-
Published
Cambridge, MA : National Bureau of Economic Research, c2004.
Additional Creators
Rabanal, Pau and National Bureau of Economic Research
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Summary
"Our answer: not so well. We reach that conclusion after reviewing recent research on the role of technology as a source of economic fluctuations. The bulk of the evidence suggests a limited role for aggregate technology shocks, pointing instead to demand factors as the main force behind the strong positive comovement between output and labor input measures"--National Bureau of Economic Research web site.
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Note
Title from PDF file as viewed on 1/11/2005.
Bibliography Note
Includes bibliographical references.
Technical Details
Mode of access: World Wide Web.
System requirements: Adobe Acrobat Reader.
View MARC record | catkey: 15225417