全球智库信息集成服务系统(G2TT): Productivity and U.S. Macroeconomic Performance: Interpreting the Past and Predicting the Future with a Two-Sector Real Business Cycle Model

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w13532
来源ID	Working Paper 13532
	Productivity and U.S. Macroeconomic Performance: Interpreting the Past and Predicting the Future with a Two-Sector Real Business Cycle Model
	Peter N. Ireland; Scott Schuh
发表日期	2007-10-23
出版年	2007
语种	英语
摘要	A two-sector real business cycle model, estimated with postwar U.S. data, identifies shocks to the levels and growth rates of total factor productivity in distinct consumption- and investment-goods-producing technologies. This model attributes most of the productivity slowdown of the 1970s to the consumption-goods sector; it suggests that a slowdown in the investment-goods sector occurred later and was much less persistent. Against this broader backdrop, the model interprets the more recent episode of robust investment and investment-specific technological change during the 1990s largely as a catch-up in levels that is unlikely to persist or be repeated anytime soon.
主题	Macroeconomics ; Business Cycles ; Development and Growth ; Growth and Productivity
URL	https://www.nber.org/papers/w13532
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/571208
推荐引用方式 GB/T 7714	Peter N. Ireland,Scott Schuh. Productivity and U.S. Macroeconomic Performance: Interpreting the Past and Predicting the Future with a Two-Sector Real Business Cycle Model. 2007.

条目包含的文件
文件名称/大小	资源类型	版本类型	开放类型	使用许可
w13532.pdf（540KB）	智库出版物		限制开放	CC BY-NC-SA	浏览