Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5062305 | Economics Letters | 2007 | 7 Pages |
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
Martial Dupaigne, Patrick Fève, Julien Matheron,