Article ID Journal Published Year Pages File Type
5062305 Economics Letters 2007 7 Pages PDF
Abstract

This paper examines the ability of Structural Vector Autoregressions (SVARs) to properly uncover the impulse response functions of hours after a technology improvement. Using a simple model in which hours do not react to technology shocks, we determine the main sources of distortions in an SVAR model which includes labor productivity growth and labor input in first difference.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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