The dynamics of hours worked and technology

DOI10.1016/j.jedc.2017.05.009zbMath1401.91333OpenAlexW1878444251MaRDI QIDQ1655680

Miguel A. León-Ledesma, Filippo Ferroni, Cristiano Cantore

Publication date: 9 August 2018

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: http://epubs.surrey.ac.uk/799645/1/dt1238e.pdf

zbMATH Keywords

technology shocksconstant elasticity of substitution production functionhours workedreal business cycles models

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Related Items (2)

CES technology and business cycle fluctuations ⋮ Long-run growth, speed of convergence and the specification of technology

Cites Work

• The dynamics of US inflation: can monetary policy explain the changes?
• Endogenous aggregate elasticity of substitution
• Capital-labor substitution, structural change and the labor income share
• CES technology and business cycle fluctuations
• Performance pay and changes in U.S. labor market dynamics
• What (really) accounts for the fall in hours after a technology shock?
• Structural changes in the US economy: is there a role for monetary policy?
• The effects of permanent technology shocks on hours: can the RBC-model fit the VAR evidence?
• MODEL COMPARISONS IN UNSTABLE ENVIRONMENTS
• The Relative Importance of Permanent and Transitory Components: Identification and Some Theoretical Bounds
• Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory*

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