The dynamics of hours worked and technology

DOI10.1016/J.JEDC.2017.05.009MaRDI QIDQ1655680zbMATH OpenOpenAlexFDO

Authors C. Cantore, Filippo Ferroni, Miguel A. León-Ledesma

Publication date 9 August 2018

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

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

zbMATH Keywords

constant elasticity of substitution production functionhours workedreal business cycles modelstechnology shocks

Mathematics Subject Classification ID

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

Recommendations

• Technology shocks and hours worked: a fractional integration perspective
• The effects of permanent technology shocks on hours: can the RBC-model fit the VAR evidence?
• What (really) accounts for the fall in hours after a technology shock?
• Revisiting the effect of a technology shock on hours
• Hours and employment variation in business cycle theory

Cites work

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

Cited in

(11)

• Time allocation and home production technology
• CES technology and business cycle fluctuations
• Revisiting the effect of a technology shock on hours
• What (really) accounts for the fall in hours after a technology shock?
• Trends in hours: the U.S. From 1900 to 1950
• Long-run growth, speed of convergence and the specification of technology
• DO TECHNOLOGY SHOCKS DRIVE HOURS UP OR DOWN? A LITTLE EVIDENCE FROM AN AGNOSTIC PROCEDURE
• Technology shocks and hours worked: a fractional integration perspective
• Decomposition of hours based on extensive and intensive margins of labor
• Progressive income taxation and consumption baskets of rich and poor
• Elasticity of substitution, long-run growth, and convergence speed: a general framework

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