Trends in hours, balanced growth, and the role of technology in the business cycle:
Gespeichert in:
| Beteilige Person: | |
|---|---|
| Format: | Buch |
| Sprache: | Englisch |
| Veröffentlicht: |
Cambridge, Mass.
National Bureau of Economic Research
2005
|
| Schriftenreihe: | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series
11130 |
| Schlagwörter: | |
| Links: | http://papers.nber.org/papers/w11130.pdf |
| Abstract: | "The present paper revisits a property embedded in most dynamic macroeconomic models: the stationarity of hours worked. First, I argue that, contrary to what is often believed, there are many reasons why hours could be nonstationary in those models, while preserving the property of balanced growth. Second, I show that the postwar evidence for most industrialized economies is clearly at odds with the assumption of stationary hours per capita. Third, I examine the implications of that evidence for the role of technology as a source of economic fluctuations in the G7 countries"--National Bureau of Economic Research web site. |
| Umfang: | 25, [19] S. graph. Darst. |
Internformat
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| 490 | 1 | |a National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |v 11130 | |
| 520 | 3 | |a "The present paper revisits a property embedded in most dynamic macroeconomic models: the stationarity of hours worked. First, I argue that, contrary to what is often believed, there are many reasons why hours could be nonstationary in those models, while preserving the property of balanced growth. Second, I show that the postwar evidence for most industrialized economies is clearly at odds with the assumption of stationary hours per capita. Third, I examine the implications of that evidence for the role of technology as a source of economic fluctuations in the G7 countries"--National Bureau of Economic Research web site. | |
| 650 | 4 | |a Ökonometrisches Modell | |
| 650 | 4 | |a Hours of labor |x Econometric models | |
| 650 | 4 | |a Technology |x Economic aspects | |
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| id | DE-604.BV019891438 |
| illustrated | Illustrated |
| indexdate | 2024-12-20T12:08:05Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-013215448 |
| oclc_num | 58045362 |
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| owner_facet | DE-703 DE-521 DE-19 DE-BY-UBM |
| physical | 25, [19] S. graph. Darst. |
| publishDate | 2005 |
| publishDateSearch | 2005 |
| publishDateSort | 2005 |
| publisher | National Bureau of Economic Research |
| record_format | marc |
| series | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
| series2 | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
| spelling | Galí, Jordi 1961- Verfasser (DE-588)128379618 aut Trends in hours, balanced growth, and the role of technology in the business cycle Jordi Galí Cambridge, Mass. National Bureau of Economic Research 2005 25, [19] S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 11130 "The present paper revisits a property embedded in most dynamic macroeconomic models: the stationarity of hours worked. First, I argue that, contrary to what is often believed, there are many reasons why hours could be nonstationary in those models, while preserving the property of balanced growth. Second, I show that the postwar evidence for most industrialized economies is clearly at odds with the assumption of stationary hours per capita. Third, I examine the implications of that evidence for the role of technology as a source of economic fluctuations in the G7 countries"--National Bureau of Economic Research web site. Ökonometrisches Modell Hours of labor Econometric models Technology Economic aspects Erscheint auch als Online-Ausgabe National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 11130 (DE-604)BV002801238 11130 http://papers.nber.org/papers/w11130.pdf kostenfrei Volltext |
| spellingShingle | Galí, Jordi 1961- Trends in hours, balanced growth, and the role of technology in the business cycle National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series Ökonometrisches Modell Hours of labor Econometric models Technology Economic aspects |
| title | Trends in hours, balanced growth, and the role of technology in the business cycle |
| title_auth | Trends in hours, balanced growth, and the role of technology in the business cycle |
| title_exact_search | Trends in hours, balanced growth, and the role of technology in the business cycle |
| title_full | Trends in hours, balanced growth, and the role of technology in the business cycle Jordi Galí |
| title_fullStr | Trends in hours, balanced growth, and the role of technology in the business cycle Jordi Galí |
| title_full_unstemmed | Trends in hours, balanced growth, and the role of technology in the business cycle Jordi Galí |
| title_short | Trends in hours, balanced growth, and the role of technology in the business cycle |
| title_sort | trends in hours balanced growth and the role of technology in the business cycle |
| topic | Ökonometrisches Modell Hours of labor Econometric models Technology Economic aspects |
| topic_facet | Ökonometrisches Modell Hours of labor Econometric models Technology Economic aspects |
| url | http://papers.nber.org/papers/w11130.pdf |
| volume_link | (DE-604)BV002801238 |
| work_keys_str_mv | AT galijordi trendsinhoursbalancedgrowthandtheroleoftechnologyinthebusinesscycle |