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- W2034776745 abstract "This note uses two measures of productivity growth (the Solow residual and the dual residual from the cost function) to test competing theories of the cycle in a number of OECD countries. The empirical results indicate that both demand and supply shocks play a role in driving economic cycles, and therefore refute the ‘stronger’ real business cycle hypothesis." @default.
- W2034776745 created "2016-06-24" @default.
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- W2034776745 date "1993-08-01" @default.
- W2034776745 modified "2023-09-25" @default.
- W2034776745 title "Productivity shocks and business cycles" @default.
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- W2034776745 doi "https://doi.org/10.1080/00036849300000086" @default.
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