| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP6724 |
| DP6724 Heterogeneous Responses of Firms to Trade Protection | |
| Hylke Vandenbussche; Jozef Konings | |
| 发表日期 | 2008-02-29 |
| 出版年 | 2008 |
| 语种 | 英语 |
| 摘要 | We analyze the effects of neutral and investment-specific technology shocks on hours and output. Long cycles in hours are captured in a variety of ways. Hours robustly fall in response to neutral shocks and robustly increase in response to investment specific shocks. The percentage of the variance of hours (output) explained by neutral shocks is small (large); the opposite is true for investment specific shocks. `News shocks' that generically change expectations about future productivity, are uncorrelated with the estimated technology shocks. |
| 主题 | International Macroeconomics |
| 关键词 | Technology disturbances Structural vars Long cycles News shocks |
| URL | https://cepr.org/publications/dp6724 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/535561 |
| 推荐引用方式 GB/T 7714 | Hylke Vandenbussche,Jozef Konings. DP6724 Heterogeneous Responses of Firms to Trade Protection. 2008. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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