On the integration of growth and business cycles

被引:3
作者
Comin D. [1 ,2 ]
机构
[1] Harvard University, Cambridge, MA
[2] NBER, Cambridge, MA
关键词
Business Cycle; Total Factor Productivity; Medium Term; Numerical Control; Capacity Utilization;
D O I
10.1007/s10663-008-9079-y
中图分类号
学科分类号
摘要
This paper discusses several approaches to generating the observed persistence in macro models and presents evidence in favor of models where endogenous technology adoption propagates transitory shocks into the medium term. © Springer Science+Business Media, LLC. 2008.
引用
收藏
页码:165 / 176
页数:11
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